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Question (En)
What is the employment situation, and how has it evolved over the past decades?
Answer (En)
Caracas has faced significant changes in employment due to economic crises, hyperinflation, and political instability. *Unemployment and underemployment* have risen, with many professionals emigrating or shifting to informal sectors. In previous decades, the city had a robust formal economy with strong oil, finance, and service sectors. Today, the employment landscape is marked by uncertainty, with many relying on informal jobs or seeking opportunities abroad.
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