Showing posts with label economic insecurity. Show all posts
Showing posts with label economic insecurity. Show all posts

Dec 18, 2014

Slowdown in China Bruises Economy in Latin America

NYTimes: Few people are as intensely worried about the slowing Chinese economy as Latin Americans.

Not only does China buy nearly 40 percent of Chile’s copper, but its once-insatiable demand helped push copper prices from $1 to $4 a pound. Read more.

Sep 11, 2014

Youth in Mexico Confront a Bleak Job Market

Vallarta Daily: The National Survey of Occupation and Employment (ENOE) indicated in late August that 85% of youth between the ages of 20 and 29 earn the lowest wages in the country, at 6,000 pesos (US$450) or less a month.

The youth unemployment rate nationally stood at 8.3 percent, equivalent to 349,000 young people between the ages of 14 and 29, of which 14.5 percent are college graduates.  Read more.