Last Updated on February 23, 2023
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 Changes?
The government of El Salvador will launch the SIMEL in order to provide more accurate predictions on the local labor market.
Looking Ahead
Continue to check the government of El Salvador’s website and Envoy’s website for additional updates and information.
Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an attorney at one of the two U.S. Law Firms working with the Envoy Platform or another qualified professional. On non-U.S. immigration issues, consult an Envoy global immigration service provider or another qualified representative.
