Issue link: https://read.uberflip.com/i/1492549
Talent Solutions – Latin America Q4 2022 | 6 ▪ Y y f N v b '22 was 7.8% ▪ As at Q3 2022, year on year wage growth was 7.0%. ▪ Hiring is Less Difficult ▪ 126,107 Open Vacancies (end Dec) ▪ Average time to fill is 36 Days 2 2 ▪ Gender and nationality equality section of the labor law requires equal pay for equal work. ▪ Recently companies need to gain certification of Gender Equality and Non Discrimination at Work. ▪ OECD Gender Wage Gap 12.5% in 2021. ▪ Restrictions on hiring foreigners. Latest Available Data Q4 2022 2021 Total Labor Force (000s) 59,480 58,307 Employed Workers (000s) 57,815 55,859 Unemployed Workers (000s) 1,665 2,449 Unemployment Rate 2.8% 4.2% International Monetary Fund * Estimate Work Force Statistics Workforce Participation Rate by Age and Gender Inflation and Wage Growth Gender Equity and Inclusion Gender Gap Scores Compared to Region Year on year GDP Growth (%) TalentNeuron World Economic Forum Global Gender Gap Report 2022 Hiring Demand Trend by Selected Job Function Hiring Demand Trend For Vacancies ILOSTAT Mexico