The phenomenon of the informality It is becoming more and more frequent in the region and 50% of people in Latin America and the Caribbean works in that condition, well above the rate of Uruguay, According to a report by the International Labour Organization (ILO).
The survey shows that the country, along with Chili, are the best in the class. According to the indicator of the INE which measures non-registration to the social Security reached 21.5% in the latest survey on the labor market.
According to the ILO study, presented during the Formalization Strategy for Latin America and the Caribbean 2024-2030 (FORLAC 2.0), informality exceeds 70% in most countries, reaching its peak in Bolivia, with 80%.
In addition to Uruguay, Chile It appears second among those with the lowest informality, with 25.8%, followed by Brazil, with 37.2% and Argentina, with 47.4%.
During the presentation, the regional director of the organization, Ana Virginia Moreira, He noted that “the ‘informalism trap’ is one of the major obstacles to achieving decent work and social justice in Latin America and the Caribbean.”
In this regard, he considered that an effective approach “requires urgent, renewed and decisive action by governments and social partners,” for which he stated: “It is imperative to provide a new direction to the formalization policies, We cannot confront them without political will at the highest level.
A problem that affects agriculture and construction
Meanwhile, the study revealed that there is a gap between the rate of rural informality, which reaches 75.4%; and urban, which is 44%.
Specifically, the ILO indicated that the branches of activity with the highest rate of informality are: agricultural, which includes eight out of ten workers; and the construction, where it reaches seven out of ten.
In addition, three out of four informal workers in the region are self-employed and work in smaller companies, according to the report, which added that those not registered with social security are three to four times more likely to be poor than formal workers.
Source: Ambito
