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Employed population in Lima rises 4.3%, but 1.7 million now earn less than the minimum wage

Employed population in Lima rises 4.3%, but 1.7 million now earn less than the minimum wage

Similarly, in the moving quarter of December (2023), January and February (2024), the jobless population in Metropolitan Lima went from 403,600 citizens, a year ago, to the current 418,800 (+3.8%), according to the INEI.

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The employed population in Metropolitan Lima reached 5 million 323,000 in the moving quarter of December (2023), January and February (2024), a progress of 4.3% compared to the similar period a year ago, when the 5 million 102,600 positions filled, according to the National Institute of Statistics and Informatics of Peru (INEI).

However, unemployment levels skyrocketed again in the study period and a total of 418,800 citizens (+3.8%) in Metropolitan Lima were left without work, compared to 403,600 in the previous period, although still below the 476,600 of 2021.

Not only that, although the adequately employed population went from 3 million 48,400 to an average of 3 million 153,400 (+3.4%), The population immersed in underemployment rose from 2 million 54,100 to 2 million 169,500 (+5%).

Regarding this last piece of information, the advance that draws dangerous attention is the population affected by income underemployment (that is, earning below the minimum floor), which went from 1 million 610,800 in the previous period of analysis to the current 1 million. 728,300 (+7.3%).

ABOUT THE AUTHOR:

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Written and digital press journalist, graduated from the Federico Villarreal National University (UNFV). Currently, in La República, where he writes about economics, with emphasis on hydrocarbons, mining and social conflict.

Source: Larepublica

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