Puerto Rico was the Latin American country with the highest average monthly salary as of 2023, with a net value of around 1,700 U.S. dollars per month. In continental Latin America, Uruguay was the economy offering the highest monthly wages, at 1,039.92 dollars. Employment development areas in Latin America
Following the recuperation in this sector after the job losses endured throughout the COVID-19 pandemic, the unemployment rate persists in its endeavor to stabilize. Informal employment remains as the predominant actor across most Latin American countries, serving as a primary avenue for economic sustenance. Notably, the construction sector has experienced substantial growth, outpacing other relevant industries like tourism and hospitality. Poverty
Throughout the past two decades, poverty levels in Latin America remain unchanged. Honduras takes the lead as the country bearing the highest poverty rate, with nearly half of its population dwelling in these circumstances. Across the region, the prevalent delineation is that of individuals classified within the non-extreme and lower-middle poverty strata, characterized by modest income levels.
Source link : https://www.statista.com/statistics/950903/average-salary-latin-america-by-country-2020/
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Publish date : 2023-11-03 03:00:00
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