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December 21, 2024
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Unemployment decreases, but economic concern grows in the DR

Unemployment decreases, but economic concern grows in the DR

He unemploymentconsidered one of the main problems in Dominican Republicaffects less than 10% of the population, according to a study by the Latinobarómetro Corporation based on interviews with 19,214 inhabitants.

According to the organization, the perception of unemployment as the main problem has decreased significantly, from 22% in 2008 to 8% in 2024.

The report, conducted between August 23 and September 9, noted that concern about “economic problems” increased from 6% in 2013 to 18% in 2024, showing distrust in the national economy, despite the improvement in unemployment and personal optimism.

They consider that the economy continues to be the main issue in Latin America, although it is sometimes overshadowed by the way in which opinion studies are communicated, which disperse economic problems into various categories such as unemploymentinflation, low wages and poverty. Despite this fragmentation, 42% of Latin Americans consider economic problems to be the most relevant.

Security is ranked second as the main concern, with 22% of mentions, followed by politics and corruption issues, which are in third place with 16%. Finally, social policies, which cover areas such as health, education, transportation and the environment, are in fourth place with 9%.

Of the 17 countries analyzed, ten report that the main problem is economic, while only five mention security as the biggest concern. In the case of the other countries, one points out politics as the main challenge, and another, social policies.

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Support in the market economy

Support for the market economy in Latin America improved in 2024. The report determined that there was a significant change in public perception of this system. According to recent data, support has grown steadily in recent years, consolidating itself as one of the main trends in the region.

He added that in 2009 confidence in the market economy collapsed after the international financial crisis. During that year, the percentage of citizens who considered this model as “the only system by which the country can be developed” fell to 47%, well below the 63% reached in 2005.

The countries with the greatest support in 2024 are Paraguay, Ecuador, Peru, Brazil and Honduras, where more than 70% of the population supports the market economy. At the other extreme, although it is still the majority, the lowest support is recorded in Venezuela, Argentina and Panama, with levels between 55% and 56%.

Dominican journalist, graduated from the Technological University of Santiago (Utesa).

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