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Latin America – Chile and Mexico are below OECD average for employment quality

10 February 2016

According to an employment ranking recently developed by OECD (Organization for Economic Co-operation and Development), Chile is number 24 among 34 member countries, with a global score of 5.8 (out of 10). 

This score is below the global average 6.6 set by the organization. However, it beats other countries such as Mexico (5.5), Italy (5.2), Poland (4.9), Portugal (4.1) and Spain (2.4).

Iceland received the best score (9.5), followed by Switzerland (9.4), Norway (9), Australia (8.3) and Austria, Luxemburg and Holland (8.2 each).

Every country has beaten Mexico (US$ 13.085), Turkey (US$ 14.095) and Chile (US$14.533) in terms of income per capita.

“Both Mexico and Chile could benefit a lot with active employment policies that aim to articulate private and public employment services” said Martín Padulla, Founder and Managing Director of staffingamericalatina. “Private employment services guarantee the access of young people to the formal labour market.

Furthermore, these services directly contribute to countries’ economic and social progress”, Padulla said. “Ratification of ILO’s Convention 181 in these countries would enable private employment agencies and public employment services to work together in training for employment based on demand during transitions”, Padulla said.

For the full report, click here.