Better Jobs
Which Latin American countries have the best employment conditions? Modify the importance of the four indicators according to your preferences, and create your own Better Jobs Index.
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GENERAL VIEW
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GENDER
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AGE
Latin America
Argentina
Bolivia
Brazil
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Honduras
Mexico
Nicaragua
Panama
Paraguay
Peru
Uruguay
Latin America
Argentina
Bolivia
Brazil
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Honduras
Mexico
Nicaragua
Panama
Paraguay
Peru
Uruguay
Latin America
Argentina
Bolivia
Brazil
Chile
Colombia
Costa Rica
Dominican Republic
Ecuador
El Salvador
Guatemala
Honduras
Mexico
Nicaragua
Panama
Paraguay
Peru
Uruguay
What is the Better
Jobs Index?
The Better Jobs Index measures jobs in countries based on two dimensions: quantity and quality. The quantity dimension is composed of two indicators: the labor participation rate and the employment rate. Quality, on the other hand, consists of the formality rate and living wage sufficient to overcome poverty. Thus, the index is the weighted average of these four indicators*, and their scores range from 0 to 100. For a country to get 100 points, all people who participate in the labor force must be employed with a formal job that provides them with a living wage.
*Indicators are calculated using the population aged 15-64, excluding those who are studying and who, therefore, are not working or looking for work. If you want to know more, consult the methodology document.Discover more information about the labor market in the region
Visit our data portal, SIMS, and access the main source of information on labor markets and social security in Latin America and the Caribbean.
Do you want to know more about jobs in Latin America and the Caribbean?
Learn how the IDB works to achieve a labor market accessible to all, a better prepared and more productive workforce, and pension systems that guarantee a dignified life for the elderly.
