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The Future of Work in Central America and the Dominican Republic

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Intecap
Servicios Médicos Cubanos
blackanddecker
Realidad Turística
Nestle
Cervecería Centroamericana S.A.
INTERFER
Instituto Hondureño de Turismo
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
INOR
MITM Events
Grupo Hotelero Islazul
Herbalife
AVA Resorts
Los Portales

Technological progress has the potential to cause significant disruption in labor markets, but also to create new job opportunities for people in Central America and the Dominican Republic. Advances in agricultural and industrial machinery, computers, and now artificial intelligence (AI) have enabled machines to undertake many tasks previously done by humans, which put jobs at risk.

Far from being a purely destructive force, technological progress and automation can generate employment. In competitive environments, automation can create jobs as price declines linked to productivity improvements create higher demand. Information and communication technology (ICT) can facilitate new working arrangements that are beneficial for workers and firms.

Indeed, the transition of Central American countries and the Dominican Republic (CADR), to the future of work has been only partial, despite the existence of the technology to automate many tasks and to enable remote and platform work. Employment is evolving towards the nonroutine tasks associated with the future of work in CADR, but the routine ones associated with the past still dominate. Remote work surged during the pandemic but now seems to be diminishing. Platform work is present but makes up a small share of total jobs in some countries. In sum, while many workers in the region seem to be at risk of losing their jobs to machines, a number of factors related to employment structure, skills, the use of technology, and globalization mean that this risk has not materialized and is unlikely to do so in the near term.

The challenge for policymakers in the region is to balance policies that enable technological progress and the benefits it brings with policies that mitigate the effects of any ensuing disruptions. From a labor market perspective, two priorities emerge to take advantage of the benefits of technological progress while mitigating the downsides. First, pathways for developing skills complementary to new technologies will be essential. Second, social protection and labor market policies will need to be adapted to new working arrangements on one hand, and to the disruptions associated with technological progress on the other.

The region’s less advanced countries need to focus more on building foundational structures and piloting new initiatives for skills building and social protection, while other more advanced countries can work to improve the sophistication of existing systems. (https://www.worldbank.org/en/region/lac/publication/futuro-trabajo-america-central-republica-dominicana)

Barceló Solymar
AVA Resorts
Cervecería Centroamericana S.A.
Cubasol
Agexport
Realidad Turística
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Los Portales
INTERFER
Grupo Hotelero Islazul
MuniGuate
Walmart
INOR
Servicios Médicos Cubanos
CUN-HAV Enjoy Travel Group
Nestle
MAD-HAV Enjoy Travel Group
blackanddecker
Intecap
Herbalife
MITM Events
Instituto Hondureño de Turismo
AirEuropa
Barcelo Guatemala City
Hotel Holiday Inn Guatemala
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Hotel Barcelo Solymar
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Instituto Hondureño de Turismo
Barceló Solymar
Los Portales
Nestle
AVA Resorts
Herbalife
blackanddecker
Realidad Turística
MITM Events
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
INTERFER
Cervecería Centroamericana S.A.
MuniGuate
Grupo Hotelero Islazul
INOR
Agexport
MAD-HAV Enjoy Travel Group
Walmart
Cubasol
Servicios Médicos Cubanos
Intecap