Costa Rica, Chile and Peru are among the countries most affected by virus-related job loss

Brazil fared better with a 6.6% drop in employment.

RIO DE JANEIRO, BRAZIL - According to International Labor Organization (ILO) estimates, over 110 million jobs were lost last year.

Although this trend has slowed in recent quarters, the economic impact of the Covid-19 pandemic has been devastating, causing significant damage to labor markets.

As reported in previous studies by the Santiago Chamber of Commerce, Chile is one of the most affected countries in terms of employment at a global level.

This occurred during the most complex stages of the crisis, with annual drops of around 20% between June and August; despite the fact that by January this year Chile . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?