Argentina holds the highest youth unemployment rate in Latin America according to the UN’s 2015 Work for Human Development report. The UN report defines “youth unemployment” as encompassing the unemployed aged 15 to 24. The report states that the nation’s youth unemployment is well above the regional average of 13.7 percent — a rate that has gone down from 14.3 in 2012. Take note that the legal working age in Argentina is 16, however exceptions are made for children aged 14 to 16 working for a company owned by their parents. With a 19.4 percent rate, the country narrowly beats Uruguay (19.2 percent) and Colombia (19.1).

Source: The Bubble August 05, 2016 15:11 UTC