Unemployment increases in Trujillo and affects women more

In the third quarter of 2023 the rate of unemployment In the province of Trujillo it was 5.6%, being 2 percentage points more than in the same period of 2022 (3.6%). Furthermore, according to sex, unemployment affected 3.5% of men and 7.8% of women, as revealed by the president of the Institute of Economics and Business (IEE), Francisco Huerta Benites, based on figures from the National Institute of Statistics and Informatics (INEI).

“The negative conditions of the labor market in Trujillo and in the La Libertad region they are a reflection of insufficient economic growth. To absorb the entire workforce that enters the market each year and, at the same time, improve the conditions of those already in the labor market, we need to grow around 5% annually, however, in 2022, Freedom grew only 1 .7%”, he explained.

Worse still, Huerta indicated that in 2023 the region will grow less than 1%, therefore, this insufficient economic growth is noticeable in the working market. “Because informality increases, which in Trujillo is 64% and in Freedom 74%; Underemployment and unemployment also increase, with which nominal and real wages fall,” he mentioned.

The economist expressed that there is unequal behavior in the labor agents, since underemployment in Trujillo grows from 2.5% to 3.5% during the third quarter of 2023, compared to the same period in 2022.

“Unemployment among women has increased even more, reaching 7.8% this third quarter of 2023, that is not good because women and children are vulnerable groups in society. In 2022, unemployment in the female segment reached 4.8%. In addition, from October 2022 to September 2023, in Trujillo, the average monthly income from work (main and secondary income) was S/ 1,909.20. The average income of men reached S/ 2,215.30, being S/ 685.20 higher than the income of women (S/ 1,530.10),” he stated.

In another part of his statements, the president of the EEI stated that in the third quarter of 2023, the employed population in the city of Trujillo reached 542.4 thousand people, which means that it increased by 7.4% year-on-year (37.4 thousand people).

“Between October 2022 and September 2023, in Trujillo, of the total employed population, 63.6% have informal employment, That means that they have an employment relationship that is not subject to national legislation, they do not pay taxes, they do not have social protection coverage and they lack employment-related benefits,” said specialist Francisco Huerta.