In this webinar, Moody´s discussed the potential credit implications of recent job losses in Latin America´s largest economies.
- Employment suffers a hard blow across LatAm, the worst setback to employment since the global financial crisis of 2008. A full recovery will likely not be achieved in the next two years.
- Restricted mobility is linked to higher unemployment.
- Millenials generation bears the brunt of the rise in unemployment, implying a weak outlook for household consumption, credit growth, financial asset management, other sectors
- Recovery is likely to be uneven, by regions/ sectors
- Gersan Zurita, Senior Vice President/CSR, CSS, Moody’s Investors Service, Moderator
- Marcos Schmidt, VP-Sr Credit Officer, Corporate Finance Group, Moody’s Investors Service
- Alexandre Albuquerque, VP- Senior Analyst, Financial Institutions Group, Moody’s Investors Service
- Roxana Muñoz, AVP-Analyst, Sov/Sub-sov Group, Moody’s Investors Service
- Úrsula Cassinerio, Analyst, Sov/Sub-sov Group, Moody’s Investors Service
This webinar lasted 40 minutes including Q&A