MTPE: List 11 of Let’s Recover Formal Employment will subsidize 17,241 net jobs

The Minister of Labor and Employment Promotion, Betssy Chavez, reported that the eleventh list of beneficiaries of the Let’s Recover Formal Employment subsidy will support, this time, a total of 17,241 jobs in the private sector

This time, 6,165 companies benefit, of which 3,029 have up to 10 workers (49.1%); 2,479 have from 11 to 100 workers (40.2%); 515 register from 101 to 500 workers (8.4%); and 142 have 501 more workers (2.3%).

To pay for this subsidy, corresponding to September of this year, 4 million 045 thousand 925 soles will be allocated. Of that figure, 1 million soles will be used to subsidize jobs for young people between 18 and 24 years old; and 3 million soles to people aged 25 and over.

By economic sectors, 3,301 jobs belong to services rendered to companies; 2,406 to trade; 2,186 to manufacturing; 1,989 to teaching; 1,719 to construction; 1,470 to transport and communications; 1,240 to social, community and personal services; and 1,164 to hotels and restaurants, among others.

Also, by region, 11,323 jobs (65.7%) belong to Metropolitan Lima; 865 are from Arequipa; 698 of La Libertad; 621 from Callao; 377 from Junín; 369 from Ancash, 356 from Piura; 308 from Ica; in addition to others.

The employers included in this list must manage the disbursement of the subsidy provided that, previously, they accredit in the Virtual Comprehensive Window of the Insured – VIVA of the Social Health Security – EsSalud the fulfillment of the essential conditions established in paragraph 9.2 of article 9 of the Decree of Urgency No. 127-2020, which promotes specific measures to recover and preserve formal employment in the private sector.

Let’s Recover Formal Employment: What is it?

This benefit is granted within the framework of Emergency Decree No. 127-2020, with the purpose of supporting companies that bet to recover and preserve formal employment in the private sector in the midst of the COVID-19 pandemic.