More than 272,000 people still have not recovered their employment in Metropolitan Lima

Between July and September of this year, working population Metropolitan Lima reached 4 million 655 thousand 300 people, increasing by 24.1% (905,400 people) compared to the same quarter of 2020, according to a report from the National Institute of Statistics and Informatics (INEI).

In this way, the use of Lhas a Metropolitan accumulates six continuous mobile quarters of growth, however, it has not yet recovered the level registered in the July-August-September 2019 quarter, the prepandemic period, as it decreased by 5.5%. That is to say, there are still 272,100 people who are unable to regain their employment.

Although the report shows that the working market It has been recovering, if we disaggregate the figures we show that the growth figures have been uneven at the employment level.

According to the report of INEI, the employed population with adequate employment, that is, with all the benefits of the law, totaled 2 million 486 thousand 300 people in the quarter of analysis, representing an increase of 47.4% (799,700 people) compared to the same period last year ; However, compared to the same quarter of 2019, it contracted by 21.7%, which is equivalent to 690,700 fewer formal jobs.

On the other hand, the population underemployed (informal) reached 2 million 169 thousand people, increasing by 5.1% (105,700 people) compared to the same quarter of 2020 and by 23.9% (418,600 people) compared to the same period of 2019.

Unemployment

In the July-August-September moving quarter of this year, the unemployment rate in Metropolitan Lima was 10%, being 6.5 percentage points less than that reported in the same quarter of 2020 (16.5%). While, compared to the same quarter of 2019 (5.8%) it was higher by 4.2 percentage points.

The INEI, estimated that 515,700 people actively looked for work in the quarter of analysis.