Work & Labour in Latin America and the Caribbean: High income 28 indicators covering work & labour for Latin America and the Caribbean: High income. IndicatorLatest Year10-yr change Rank Labour force (ILO modelled estimates) 19,892 2027 up 10.9% 79th Labour force participation rate (ILO modelled estimates) 60.43 2027 down 0.1% 45th Persons outside the labour force (ILO modelled estimates) 13,027 2027 up 11.3% 80th Employment-to-population ratio (ILO modelled estimates) 55.51 2027 down 0.9% 54th Persons outside the labour force (ILO modelled estimates) (15+) 0.8477 % change on previous year 2027 up 119.2% 80th Labour force (ILO modelled estimates) (15+), annual growth rate 0.8323 % change on previous year 2027 down 54.6% 53rd Employment 17,964 2025 up 10.5% 81st Employment (ILO modelled estimates) 17,964 2025 up 10.5% 81st Employment (ILO modelled estimates) (15+), annual growth rate 0.8494 % change on previous year 2025 down 14.1% 54th Employment (ILO modelled estimates), annual growth rate 0.8494 % change on previous year 2025 down 14.1% 54th Labour force participation rate (previous ILO definition - ICLS13) 60.43 2027 down 0.1% 45th NEET: Youth not in employment, education or training 850.3 2027 down 21.0% 83rd NEET rate: Share of youth not in employment, education or training 16.3 2027 down 14.7% 59th Time-related underemployment rate (ILO modelled estimates) 6.71 2027 down 31.6% 23rd Time-related underemployment (ILO modelled estimates) 1,227 2027 down 24.7% 71st Full-time equivalent employment (ILO modelled estimates) 16,945 2027 up 7.0% 81st NEET: Youth not in employment, education or training (ILO modelled) 0.0296 % change on previous year 2027 up 132.2% 79th Time-related underemployment (ILO modelled estimates) (15+), annual 1.37 % change on previous year 2027 up 37.1% 29th Potential labour force and willing non-jobseekers rate 10.2 2027 down 8.9% 13th Potential labour force and willing non-jobseekers 2,257 2027 up 0.0% 76th Employment 17,964 2025 up 10.5% 79th Potential labour force rate 5.81 2027 down 8.7% 23rd Informal employment 5,822 2027 up 5.7% 77th Informal employment rate 31.86 2027 down 3.9% 60th Potential labour force rate 5.81 2027 down 8.7% 23rd Potential labour force 1,226 2027 up 0.7% 79th Potential labour force and willing non-jobseekers rate 10.19 2027 down 8.8% 13th Potential labour force and willing non-jobseekers 2,257 2027 up 0.0% 76th