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Coronavirus pandemic caused more than 1,500,000 people to lose their jobs

The coronavirus pandemic caused more than 1,500,000 people to lose their jobs in 2020, said Diego Macera Poli, director of the BCRP during his presentation on the world economic outlook during the inauguration of the 32nd Northern Business Meeting.

“This means a 13% loss of formal and informal work compared to 2019. In formal work the wage rate has grown by 6% as of October, but in nominal terms. the influence of inflation is very important. In general, we have a lower salary and the products to buy are more expensive ”, said Macera Poli in his presentation.

The economist applauded that the northern zone has led the country’s economic recovery in production levels during the second quarter of 2021 compared to 2019. The regions that stood out were La Libertad and Lambayeque, followed by Amazonas and Piura, while Cajamarca and Tumbes they have lower levels of production.

In this regard, the event’s technical spokesperson and president of the Instituto Economía y Empresa, Francisco Huertas Benites pointed out that “although the economy is recovering its pre-ndemic levels (GDP, energy consumption, cement consumption), there are activities that are still delayed. (tourism, accommodation) as well as employment that has not yet reached its pre-pandemic level, has even lost quality ”.

Meanwhile, Javier Beverinotti, country economist at the Inter-American Development Bank, explained that the mismanagement of the COVID-19 pandemic and structural limitations will leave a very important burden on Peru and the other countries in the region. “Social tensions used to arise from social factors, but sanitary restrictions have incorporated new episodes that have increased inequalities in this part of the continent,” he noted.


“We believe that as a result of the economic and social crisis, the pandemic, and the political instability that affects us, resilience has allowed businessmen and entrepreneurs to adapt to the new normal thanks to the efforts of thousands of workers who have become foot to resume development “, said the president of the Chamber of Commerce of La Libertad, Guillermo Benavides Zavaleta,



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