Latin America & Caribbean: jobs lost due to COVID-19 2020, by subregion

Published by Statista Research Department, Jul 21, 2023
By the fourth quarter of 2020, it was estimated that the coronavirus pandemic had claimed around 157 million jobs in Latin America and the Caribbean, making it one of the regions with the largest number of jobs lost due to COVID-19 in the world. South America was particularly hit by the economic crisis, with an estimated 55 million full-time jobs of 48 hours per week lost in the second quarter of 2020. Meanwhile, the Caribbean was the least affected subregion.

Number of jobs lost during the COVID-19 pandemic in Latin America and the Caribbean from 1st quarter to 4th quarter 2020, by subregion (in millions)

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Release date

January 2021

Region

LAC

Survey time period

Q1 to Q4 2020

Special properties

Estimates based on full-time jobs of 48 hours per week*

Supplementary notes

* Data was calculated taking Q4 2019 employment levels as a baseline.
Figures have been rounded.

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