Abstract: Jobs constitute the primary mechanism for poverty reduction globally (Inchauste et al. 2014). In Latin America and the Caribbean (LAC), the 2009–14 period— the last episode of rapid poverty reduction in the region—saw employment creation and earnings growth accounting for approximately two-thirds of poverty reduction. More recently, labor market performance was instrumental in reducing poverty rates to prepandemic levels (World Bank 2024). These results reflect the importance of labor income, as it comprises 57–68 percent of total household revenue across all income segments.

About the exhibitor: Diana Marcela Sánchez Castro, es analista de Investigación en el Grupo de Prácticas de Pobreza y Equidad en el Banco Mundial.

Exposure time: 1 hora y 30 minutos.