Coronavirus has affected fitness systems and societies in the south of the world even that the rest of the world because of its already weak economies and high levels of debt. Latin America is no exception and has been affected by the increased number of infections.
With more than 7. 9 million instances and more than 300,000 deaths, the region has been rated as the most affected region in the world, so, according to the World Bank’s June assessment, the Latin American economy will contract to 7. 2% by 2020.
Furthermore, some of the promising, albeit modest, trends of more than two decades have been reversed through the pandemic, a region that has begun to decrease massive degrees of inequality through significant economic expansion since the commodities boom. bonuses that ended in 2013 as cutting-edge wage policies and social systems through progressive governments.
In this context, young people are particularly affected. School closures harm education and, as in many countries, their job clients are, namely, poor. If the region cannot contract the virus and revive its economy, we will see the expansion of a “stagnant generation” trapped by unemployment, casual jobs and poverty.
Unemployment and concert unemployment
Both the quantity and quality of jobs are deteriorating due to the economic paralysis created by the pandemic. The United Nations International Labour Organization estimates that the fitness crisis will raise unemployment rates in the region from 8. 1% to 11. 5% by 2020, the equivalent of more than 11. 5 million new parades.
As a result, another 30 million people are expected to fall into poverty (and those estimates were made in May, before the effects of the virus manifested). The other young people will be disproportionately affected, as they have experienced unemployment rates 3 times more. superior to those of the elders before the pandemic.
But it is the traditional highlight of casual paintings in Latin America that will make recovery much more difficult. Before the pandemic, more than part of the region’s painting forces casual and precarious employment, without social coverage such as poor health pay or even writing. Again, young people make up an even greater proportion of this informal pictorial force.
As economies contract as a result of the pandemic, even more people are resorting to running in combination across the region in search of daily income, but there are costs. Relying on mail paintings, driving force of the taxi or offering cleaning through an app was already a complicated job.
It is underpaid and circumvents minimum wage laws, as staff are classified as self-employed or simply paint all national labor laws outdoors. also very insulating, because you regularly paint alone and it gives you very few career opportunities.
Risks and rewards
With the pandemic, the dangers associated with running around the floor are greater, particularly as staff come into contact with so many other people, but the pandemic has also led to requesting those services, with more people ordering groceries and takeaways underneath. lock and key, or taking public transport taxis.
However, the life of an employee of the structure has not improved. In Latin America, these key personnel reported a lack in terms of non-public protective devices and fitness insurance. Many also say that their incomes have remained equal or even worse, despite the creation of new jobs, in a survey of 298 drivers in 29 cities, 64% said their wages had fallen due to adjustments in the situations proposed through companies.
Thousands of people protested higher pay and higher rights. Beyond two months there have been changes in delivery drivers in the cities of the region, adding Argentina, Brazil, Colombia and Mexico. Different application corporations operate there, but the needs are the same: for higher corporate pay and greater regulation of governments to save you exploitation.
Lack of regulation is a major component of the problem, allowing the dark side of the small business economy to grow: a group of unsymized underpaid workforces with few other employment characteristics, and little bargaining force with giant-generation corporations that manage their path. Algorithms.
Latin America’s recovery from coronavirus will require significant adjustments to the region’s labor markets. Without greater coverage of underemployment and employee poverty, the region risks exacerbating inequality. Listening to the demands of the strike staff is a position to begin with.
Luciana Zorzoli is a professor of labor and human resources management, Cardiff Business School, Cardiff University
This article was originally published in The Conversation. Read the original article here: https://theconversation. com/coronavirus-could-create-a-lockdown-generation-in-latin-america-if-governments-dont-act-144161