El Salvador Job Diagnostic: Understanding Challenges for More and Better Jobs in El Salvador - An Integrated Approach
Nancy Rocio Banegas Raudales and
Hernan Winkler
No 32526222, Jobs Group Papers, Notes, and Guides from The World Bank
Abstract:
El Salvador faces significant challenges in the labor market, many of which may not be obvious when looking at aggregate job figures. This report provides a detailed analysis of the Salvadoran labor market between 2000 and 2017 and identifies the main bottlenecks preventing the creation of more and better jobs. It does so in three blocks. First, it describes the main trends in economic growth, its drivers, and implications for job creation. Second, it provides an in-depth analysis of factors constraining the demand for labor. Third, it analyzes which are the skills that the private sector is demanding, and what are the factors contributing to the wide and persistent gender and youth gaps in the labor market. The report concludes with policy recommendations to create more and better jobs in El Salvador.
Keywords: Socio-Economic Database for Latin America and the Caribbean; high rate of population growth; firm dynamics and productivity growth; public sector wage premium; information and communication technology; quality of job; number of jobs; real effective exchange rate; Technical and Vocational Education; trade-weighted average; terms of employment structure; migrant-sending households; low returns to education; active labor market program; Micro and Small Enterprises; Caisse Centrale de Garantie; Job Creation; labor market outcome; formal sector; employment rate; crime and violence; allocation of labor; net job creation; labor market trend; low labor productivity; labor productivity growth; cost of crime; average real wage; working age population; share of employment; high school education; gender and youth; per capita term; credit guarantee scheme; role of gender; unintended negative effects; consumer price index; high growth rate; gross domestic product; price of labor; access to job; social security coverage; demand for labor; Labor Market Observatory; millennium challenge; supply of skill; improving business environment; Science and Technology; inclusion of women; lack of skill; official unemployment rate; inclusive economic growth; complete primary education; more developed countries; laws and regulation; privileges and immunity; conditional cash transfer; real wage growth; high minimum wages; cost of production; barrier to entry; high school diploma; integration of woman; rate of crime; labor market entrant; nominal exchange rate; innovation and growth; lack of knowledge; agriculture industry; public sector entity; investment-grade credit rating; inflow of remittance; labor market experience; current account deficit; social security system; foreign direct investment; lack of connectivity; informal sector (search for similar items in EconPapers)
Pages: 78
Date: 2020-10-29
References: Add references at CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
http://documents.worldbank.org/curated/en/98678160 ... -Integrated-Approach
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:wbk:jbsgrp:32526222
Access Statistics for this paper
More papers in Jobs Group Papers, Notes, and Guides from The World Bank 1818 H Street, N.W., Washington, DC 20433. Contact information at EDIRC.
Bibliographic data for series maintained by Selome Assefa Hailemariam (shailemariam@worldbank.org).