China News Service, November 12th. According to Peru’s “Communiqué” on the 12th, according to a report by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and the International Labour Organization, the labor market in Latin America was affected by the epidemic. Recovery may take more than 10 years.

  The report estimates that because of the new crown epidemic, Latin America will lose about 47 million jobs in the second quarter of 2020 alone, with an unemployment rate of 11%, which is about 3 percentage points higher than the same period in 2019.

  The analysis said that due to weaker consumer demand, unemployment and lower income for workers, debt increased and economic recovery slowed.

  The report pointed out that “it will take several years to return to the level of economic activity before the epidemic, which will lead to a slow recovery of the job market.”