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Unemployment Rate In Caribbean And Latin America Jumped In 2016

Unemployment Rate In Caribbean And Latin America Jumped In 2016

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The unemployment rate in the Caribbean and Latin America jumped to 8.1 per cent in 2016 to 23 million, the highest in a decade, according to the 2016 Labour Overview of Latin America and the Caribbean published by the International Labour Organization (ILO) Regional Office.

The 1.5 per cent increase over 2015 means an additional five million people joined the ranks of unemployment this year, the ILO said.

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