Evolución reciente de las principales variables del mercado laboral uruguayo

This document describes the evolution of the Uruguayan Labour Market during the last decade, disaggregating the main indicators by categories such as sex, age and region. In a context of economic growth (53.7% of GDP growth in this period), all of the main Labour Market indicators improved. The Activity Rate and the Employment Rate increased 2.7 and 4.3 p.p. while the overall quality of the jobs also improved. Also, there was a reduction in the average hours worked and a growth of the apparent labour productivity (40.5%), wages per hour increased by 32% and inequiality, measured by the Gini coefficient, went down by 10 p.p. However, there are still vulnerable groups that experience difficulties entering in the Labour Market (the youth unemployment rate is over 20%, womenŽs activity rate is 20 p.p. less than menŽs and this difference is bigger in the active population with lower educational levels) and there are several groups with poor quality jobs (young workers, people with low educational levels and self-employed). Certain regions of Uruguay continue to have problems with the quality of jobs (in the North and Northeastern regions the percentage of workers without pension rights were 34.2% and 41.5, respectively).