More than 70 percent of Guatemalans work in the informal economy - Prensa Latina

The study reveals that nearly three-quarters of the workforce operates informally, with rural areas and agriculture bearing the brunt. This highlights a critical gap in labor rights and social protection, making the formalization of these workers a vital goal for equitable economic development. Experts suggest moving beyond punitive measures to instead foster conditions that encourage job creation. This strategic shift aims to transition workers into the formal sector, ensuring better stability and access to benefits for a significant portion of the population. This data is essential for open data initiatives as it underscores the need for transparent, accessible labor statistics. By understanding informal employment dynamics, policymakers and developers can build better tools to track progress toward inclusive growth and improve the quality of public datasets.

Source: plenglish.com
Published on 2024-03-17