Following background information on primary school completion rates in Latin America and the Caribbean, this report discusses: (1) the problems of child labor in these regions; (2) a proposed action program for UNICEF and its partners; (3) an analysis of the child labor situation, including research and evaluation; and (4) possible solution strategies. While Latin American and the Caribbean seem to be experiencing robust economic growth, the primary school completion rate in these areas is deplorable. This is particularly problematic because it comes at a time when there is an increasing need for workers educated at the post-secondary level. A UNICEF plan to fight this problem includes the following principles: (1) organizations should work for the eradication of labor for children 12 and under; (2) for children 14 and under, the primary focus should be on formal schooling; (3) for 15- to 18-year-olds, the focus should be on providing appropriate occupation benefits, including, most importantly, educational measures. To better understand the problem of child labor in these regions, there needs to be systematic information gathering on working children which supports the principles listed above. Any recommendations or efforts dealing with the problem of child labor must be aware of the economic and ethical issues involved. (JW)