The increase in products in supermarkets, an issue that shakes the family / web economy
In the midst of an economic crisis, where high inflation strongly reduces the purchasing power of incomes, a report by ECLAC (Economic Commission for Latin America and the Caribbean) and the Ministry of Economy presented worrying data from the end of 2022: 54 percent Households resorted to sources of financing and 64 per cent of these borrowed to maintain daily consumption such as food and medicines.
“Households use these sources of financing not only to smooth the consumption of high-value goods, but – in the face of instability or lack of income – as a tool to maintain daily and basic consumption Many of them are linked to care, such as the purchase of medicines or food”, pointed to the study, conducted between October and November 2022, when the economy’s macro data was not as important as it is today.
In this framework, they described a tendency for households headed by men (50 percent) to be higher than those headed by women (60 percent).
Beyond the gender issue, if all those who resorted to formal or informal financing are taken, an average of 64 percent used it to buy food and medicine.
The disparity between men and women in charge of households and the high level of financing, the document explained, “is rooted in the phenomenon of labor informality in households supported by women, as the greatest financing needs arise, well, without being registered.” work among people”.
To support this point, the report detailed that “69.2 percent of informal workers requested some form of financing during the survey period, compared to 49.4 percent of their peers with formal jobs.”
He emphasized that the situation becomes more serious when it comes to households headed by women who are responsible for taking care of children and adolescents.
“They face situations of high financial vulnerability: 72.6 percent allocate financing for the purchase of food and medicines,” highlighted the work of ECLAC and the economy.
That figure drops slightly (65.9 percent) when that position is headed by men. However, among households dependent on women for a livelihood, 7 in 10 are “arrears” in loans or service payments, 4 in 10 are in arrears in both, and nearly half have spent all their income on coping with or maintaining their debt. that their income is insufficient to cope (46.2 percent of households headed by women compared to 38.3 percent of those headed by men).
The document stressed, “30.7 percent of households whose children and adolescents were cared for by women were in a position of high financial vulnerability, as opposed to 22.9 percent in an average position.”
Another point highlighted in the study is the type of financing in each case. “Difficulties in accessing formal financing arise, in many cases, from the need to resort to various informal sources, which usually have high financial costs or unfair forms of personal dependence, which lead to situations of high financial vulnerability. generate,” he explained.
As per the survey results, it was observed that, “proportionately, households supported by formal workers request less financing: 46.1 percent of those involved in labor formalization requested some form of financing in the past month, whereas, informal Among workers, that figure rises to 63.7 percent, resulting in a gap of 17.6 percent.
This difference is even greater when the educational level of the main earner in the household (PSH) is observed by sex. In both cases (whether the PSH has a formal or informal occupation), households headed by women requested some form of financing during the past month, especially women working in the informal sector.
“69.2 percent of informal workers requested some form of financing in the past month, compared to 49.5 percent of women with formal jobs,” the report concluded.
69.2%
Informal workers requested some form of financing during the survey period, compared to 49.4 percent of their peers with formal employment.
72.6%
It allocates financing for the purchase of food and medicines, highlighting the work of ECLAC and the economy, while analyzing the cases of people facing situations of financial vulnerability.
30.7%
According to the document, 22.9 percent of households in which children and adolescents are cared for by women were in a position of higher financial vulnerability, as opposed to the average position.
(tags to translate) sunday economy
