Labor Market Information System Introduced

• Published date: 24 November 2021
• Subject Matter: Employment and HR, Immigration, Employee Rights/ Labour Relations, General Immigration
• Law Firm: Envoy Global, Inc.
• Author: Envoy Global, Inc.

Key Points

• New Labor Market Information System unveiled?

Overview

The government of El Salvador will launch its Labor Market Information System (SIMEL) the week of 22 Nov. 2021. The system has been authorized by the International Labor Organization (IOL) and will allow employers to know the current state of the labor market and future trends, characteristics, supply needs, demands, and the quality of formal and informal employment. Entities such as the General Directorate of Statistics and Census (Digestyc), Central Reserve Bank (BCR), Salvadoran Social Security Institute (ISSS), and the Ministry of Economy (Minec) will be responsible for updating the system.

What are the...