The International Labor Organization (ILO) highlighted as “imperative” the increase in productivity in Latin America and the Caribbean, as a necessary condition to move towards greater shared prosperity hand in hand with more and better jobs. This was stated in a new report presented by the agency on Wednesday.
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The document also highlights the phenomenon of digital transformation, which finds the region in a “disadvantaged” position due to the deterioration of its productivity compared to other developing regions and the low technological absorption capacity of the workforce in companies. of smaller size.
In the analysis, the ILO found lags in the application of digital transformation in key sectors for the economy of the region, such as: the agricultural sector, the mining-energy sector, the manufacturing industry, traditional services and those services based on knowledge.
The region faces large-scale “structural challenges” because “there are wide productivity gaps within countries between productive sectors, companies, groups of workers,” said Claudia Coenjaerts, the ILO’s interim regional director for Latin America and the Caribbean. , in the presentation of a new report.
The Coenjaerts directive also considered that “a renewed and in-depth debate is necessary in the region to address the main factors that drive increased productivity, the digital transition and the repercussions of these processes on decent work, job creation, distributional improvements and the development of sustainable companies that promote technological change”.
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