Child labor is on the decline — especially in Latin America — and its most egregious forms could be eliminated within the next decade, a U.N. agency said Thursday in a report it called “cautiously optimistic.”

The International Labor Organization report, titled “The End of Child Labor: Within Reach,” states that between 2000 and 2004 the number of child workers worldwide fell from 246 million to 218 million.

Full Story: CNN.