Tuesday 28 September 2021

Women Hold The Future of Latin America

Paying the bills

Latest

Panama will vaccinate tourists

Q24N - Non-immunized tourists visiting Panama will receive the...

End of 2021 would be the beginning of a “good” high season in tourism

QCOSTARICA - The end of 2021 would mark the...

Costa Rica 4th Latin American country best prepared to develop high-impact ventures

QCOSTARICA - Costa Rica is the fourth best ecosystem...

CCSS applied 195,598 first doses of vaccine against covid-19 during the Vaccination

QCOSTARICA - The vaccination teams of the Caja Costarricense...

Can tourists get vaccinated in Costa Rica?

QCOSTARICA - Can tourists be vaccinated in Costa Rica,...

Today’s Vehicle Restriction September 28: Plates ending in “3 & 4” CANNOT circulate

QCOSTARICA - For today, Tuesday, September 28, vehicles with...

Mexico reveals why it rejects tourists from Costa Rica

QCOSTARICA - Mexico has been one of the favorite...
Paying the bills

Share

In 1990, only 33.61% of Latin American woman were part of the workforce. By 2014, their participation increased to 41.26%, which gravitates around the average levels of the Organization for Economic Co-operation and Development members at 43.85%, according to the World Bank.

At the same time, the United Nations declared that in 1990 only 22% of heads of households were a woman; in 2008, it raised to 31%.

- Advertisement -

Studies released by the United Nation revealed that the woman’s job market in Latin America is mainly relegated to the informal sector; 54% of all woman in the region work in this economic division while only 48% of males do. The wage gap seems to also be an issue. These individuals receive 60% to 90% less pay then their male counterparts in diverse economic segments.

To determine a tendency regarding woman’s role in the workforce, The Center for American Progress (CAP), together with A Woman’s Nation and the Rockefeller Foundation, conducted a study by surveying 3413 adults and concluded that Latino men and woman welcome the increased participation of woman in business and public life.

This is due to the fact that Latin America is facing times of change as new sources of growth are desperately needed. This implies that the product and service market must expand aggressively.

The main reason for woman’s rise in the job market was documented by the Inter-American Development Bank, who took notice that Latino individuals born between 1940 and 1980 are delaying marriage and woman are trading traditional home labor for professional careers.

This phenomenon becomes extensive as laws across Latin America and the Caribbean now favor equal rights and has made possible for more people –specially under difficult economic conditions- to access higher levels of education through sponsorship and credit. In 1991, 17% of the youths attended college while in 2010, the new percentage increased to 40%.

The International Monetary Fund (IMF) announced four main policy recommendations: first, to keep strengthening woman’s legal rights, property rights, and laws protecting from discrimination. Second, to implement early childhood education and childcare services. Third, to promote girl’s education and put in place educational job training policies to motivate individuals to obtain higher education. Lastly, the improvement of infrastructure, especially with regards to urban transportation.

- Advertisement -

Latin Americans must unite towards the common goal of a brighter future, and even if things are showing signals of improvement, it is a requirement to be open to new trends and support the maximization of the economic entities.

- Advertisement -
Paying the bills
Q Costa Rica
Reports by QCR staff

Related Articles

Costa Rica 4th Latin American country best prepared to develop high-impact ventures

QCOSTARICA - Costa Rica is the fourth best ecosystem in Latin...

Vagrant cows and other crimes that were punished 150 years ago in Costa Rica

QCOSTARICA - Crimes of yesteryear. Long ago, back in 1845 in...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.

Log In

Forgot password?

Forgot password?

Enter your account data and we will send you a link to reset your password.

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Add to Collection

No Collections

Here you'll find all collections you've created before.