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The Future of Work in Central America and the Dominican Republic

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

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)

Servicios Médicos Cubanos
Nestle
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Intecap
Tigo
Agexport
Cubasol
Cervecería Centroamericana S.A.
MAD-HAV Enjoy Travel Group
Barceló Solymar
Instituto Hondureño de Turismo
Irtra
CUN-HAV Enjoy Travel Group
AVA Resorts
Realidad Turística
Grupo Hotelero Islazul
blackanddecker
Los Portales
INOR
Herbalife
Walmart
Hotel Holiday Inn Guatemala
AirEuropa
Hotel Barcelo Solymar
Havanatur
Irtra
Henkel Latinoamerica
Barcelo Guatemala City
Revista Colombiana de Turismo Passport
Tigo
Intecap
Cubacel
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Herbalife
Los Portales
blackanddecker
Instituto Hondureño de Turismo
Tigo
Realidad Turística
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Walmart
Irtra
MAD-HAV Enjoy Travel Group
Grupo Hotelero Islazul
Servicios Médicos Cubanos
INOR
Intecap
Cubasol
Cervecería Centroamericana S.A.
AVA Resorts
Agexport
Nestle
Barceló Solymar