Agriculture, fishing and mining workers earn below the minimum wage

Agriculture, fishing and mining workers earn below the minimum wage

In 2023, the Peruvian labor market fell 0.9%, according to the National Institute of Statistics and Informatics (INEI). 17 million 179,800 workers were registered, and, from the IPE, they point out that it is the most critical figure in more than 20 years.

From that universe4 million 161,700 compatriots work in agriculture, fishing and mining, which, together, concentrate 24.2% of the employed population—only surpassed by Services (42.1%)—.

In agriculture, fishing and mining, there was a decline of 6.3%: 279,100 jobs were lost at the end of last year.

Agriculture, fishing and mining account for 24.2% of the employed population.  Photo: INEI

Agriculture, fishing and mining account for 24.2% of the employed population. Photo: INEI

In general terms, the average income from work rose by S/150, going from S/1,524 to S/1,674; However, in agriculture, fishing and mining, the average was S/992, a few steps away from the minimum living wage (S/1,025).

The data reflected by INEI comes in a context in which workers—through union organizations—are fighting to approve the increase in the RMV, as well as the formula for its annual evaluation, alleging the increase in the cost of living after the pandemic and recession.

Furthermore, agriculture, fishing and mining have the highest rate of informality (91.1%) and the lowest rate of formality (8.9%). They are followed, in informality ratio, by Construction (79.4%), Commerce (72%), Manufacturing (64.3%) and Services (59.4%).

Source: Larepublica

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