Covid-19 has Changed our life
The economy was very impacted
Many people lost their job around the world
The objetive of the presentation
To describe how was the impact of COVID 19 on the labour market in Latin America and Chile.
- How big was the impact?
- Who were the most affected?
- How labour relations changed ?
Some facts
- The International Monetary Fund (IMF) estimates that regional GPN was contracted in 9.4% in 2020.
- According to International Labour Organization (ILO), 34 millions of jobs was lost in latinamerica because the crisis, where women, young people (under 24 years) and migrants were the most affected.
- the hours worked in 2020 was 20% lower than 2019, while incomes was contrated in 19.3%.
How about Chile?
Figure 2. Unemployment rate in Chile, 2010-2021 (January).
Who was the most affected?
Figure 3. Unemployment rate by economic activity in Chile, 2020.
Changes on the labour process
New technologies and automatization
- Data and communication industry
- Platform works
- Teleworking jobs
Conclusions
- Coronavirus has changed our way of life, thus economic activities too.
- Some years will pass until the previous rates of employment will recovered, even if the herd inmunity is reached.
- COVID 19 has accelerated the changes on labour process and the States must be prepared to adapt to the new conditions.
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