The growing concern about unemployment unemployment poverty high informality in Latin American countries precarious jobs in addition to scarce - The reports of international organizations (ILO-OECD-GEM) certainly not encouraging - The report of the Inter-American Development Bank (IDB) on the high informality that would be working as an unemployment insurance set guidelines in several Latin American economies such as Brazil Argentina etc. - The informal employment or activity is not taxed or does much less than the formal one. Informal employment or activity does not pay taxes or does so to a much lesser extent than the formalized but these people use and need public services (health security transportation etc.) Therefore the formalized ends up assuming the burden of such services to the informal this generates a social problem taxes not collected recienten the system which is affected in quality and quantity of service.- Of all these issues there is much talk and if the Informal Economy is cause or effect of poverty. In my opinion if we do not change to a model that really privileges formality it is unlikely that the trend will change - It is time to stop worrying to really take care.
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