There are more than 600,000 people who have fallen into underemployment since 2019, according to the INEI.
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The total number of working Peruvians reached 17,212,800 people in March of this year, according to the INEI. Compared to the same period in 2023, there is a slight drop of 0.6% (107,100 fewer people).
However, the deterioration in the quality of employment continues: of the employed population, 8,270,200 people are unemployed, both due to insufficient hours (visible underemployment) and income (invisible underemployment).
Compared to March of last year, there is a drop of 2.6% (-224,400 people); However, unlike 2019, there are 602,273 Peruvians who were dragged into underemployment (previously, there were 7,667,921).
Thus, the underemployment rate is 45.4%, and in the year before the pandemic it was 42.5%. Approximately, 5 out of every 10 workers nationwide work in precarious conditions.
On the other hand, there are 8,942,600 Peruvians properly employed—who receive the legal benefits—and compared to the pre-pandemic year, the difference is 522,579 fewer people.
Trained at the Jaime Bausate y Meza University. In constant learning. Economics is the branch of journalism closest to the people and my duty is to be a bridge to information.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
