Friday, April 27, 2007

[IWS] IADB: [Latin America] LABOR COMPASS (Database of Graphical Labor Market Descriptions]

IWS Documented News Service
_______________________________
Institute for Workplace Studies----------------- Professor Samuel B. Bacharach
School of Industrial & Labor Relations
-------- Director, Institute for Workplace Studies
Cornell University
16 East 34th Street, 4th floor
---------------------- Stuart Basefsky
New York, NY 10016
-------------------------------Director, IWS News Bureau
________________________________________________________________________

Inter-American Development Bank (IADB)

LABOR COMPASS
http://www.iadb.org/res/CompasLaboral/index.cfm?language=english?language=en&parid=1


Labor Market

Employment is the main source of income for the immense majority of the inhabitants of the region. Reliable and timely information on the situation in the labor market is vital for understanding the impact of policy decisions on the life of the population of our countries. With Labor Compass the IDB Research Department aims to provide data for a better and timelier understanding of the conditions and trends in regional labor markets. This publication is intended to be a guide for analysts and policymakers on recent trends in the labor market through the presentation of a graphic description of the state of the labor markets of the region's key countries. In this edition, we report information on Argentina, Brazil, Chile, Colombia, Mexico, Peru and Venezuela; in future editions we will expand the coverage of countries as information becomes available.

The situation in the labor market of each country is presented in three main groups of information. The first describes the structure of the labor market and captures in detail the impact of changes in inflation and growth on employment and unemployment. We present data from household surveys processed by the Social Information Service (SIS) on the changes in the structure of employment by type of worker (registered wage-earner, unregistered wage-earner, self-employed, etc), and by sector of activity during the last decade. With the objective of describing the impact of macroeconomic trends on the labor market, we also present data on the relation between unemployment and inflation, and between employment and growth.

The second and third blocks present high-frequency updated information reported by the countries on quantities and prices in the labor market. The information on quantities, given in the second block, describes short-term changes in the trends in employment and unemployment. We also provide information on rates of activity, employment, unemployment, underemployment and registration. This block ends with an estimate of the net generation of employment by period. The price data in the third block describes changes in minimum and real wages by group. This block ends with an estimate of labor costs per unit of output. A detailed explanation of each of these indicators is given in the glossary.


Covering the following countries to date for the these categories of information:
Employment Distribution
Activity and Employment
Quantity variables
Price variables

Argentina
Brazil
Chile
Colombia
Mexico
PerĂº
Venezuela
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This information is provided to subscribers, friends, faculty, students and alumni of the School of Industrial & Labor Relations (ILR). It is a service of the Institute for Workplace Studies (IWS) in New York City. Stuart Basefsky is responsible for the selection of the contents which is intended to keep researchers, companies, workers, and governments aware of the latest information related to ILR disciplines as it becomes available for the purposes of research, understanding and debate. The content does not reflect the opinions or positions of Cornell University, the School of Industrial & Labor Relations, or that of Mr. Basefsky and should not be construed as such. The service is unique in that it provides the original source documentation, via links, behind the news and research of the day. Use of the information provided is unrestricted. However, it is requested that users acknowledge that the information was found via the IWS Documented News Service.

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Stuart Basefsky                   
Director, IWS News Bureau                
Institute for Workplace Studies 
Cornell/ILR School                        
16 E. 34th Street, 4th Floor             
New York, NY 10016                        
                                   
Telephone: (607) 255-2703                
Fax: (607) 255-9641                       
E-mail: smb6@cornell.edu                  
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