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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 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. Join the La República WhatsApp channel Price of the dollar today in Peru: what is the exchange rate for this Saturday, […]

The average monthly income in Lima is S/1,982: Which sectors pay the most, according to INEI?

The average monthly income in Lima is S/1,982: Which sectors pay the most, according to INEI? The average monthly income in Lima is S/1,982: Which sectors pay the most, according to INEI?

This level represents a progress of 8.1% compared to the similar period a year ago, and is 10.7% higher than the pre-pandemic level for that moving quarter. However, the gap between the salaries of men and women continues to widen. Join the La República WhatsApp channel Price of the dollar today in Peru: what is […]

Unemployment and job insecurity have a woman’s face

Unemployment and job insecurity have a woman’s face Unemployment and job insecurity have a woman’s face

Economic data are one of the many bridges to understand gender gaps in Peru. From the serve, not only is there a lower participation of the women in the employed population, but they are also the most immersed in underemployment. 55% of the female workforce does not work a full weekly working day and/or earns […]

Fishing, the hardest hit sector in 2023, will not have a respite this year

Fishing, the hardest hit sector in 2023, will not have a respite this year Fishing, the hardest hit sector in 2023, will not have a respite this year

In 2023, the Peruvian economy fell 0.6%, according to official data from the INEI, and the hardest hit productive sector was fishing, which fell 20%. This activity was affected by climatic phenomena, especially that of the industrial fishery, which is dedicated to the extraction of anchovy and contributes 80% to the fishing GDP. Nine months […]

Only 3 out of 10 workers are formal

Only 3 out of 10 workers are formal Only 3 out of 10 workers are formal

With the recession, the general indicator of Peruvian employment fell 0.9%. According to the INEI, more than 157,000 positions were lost. The employed population, at the end of 2023, is 17 million 179,800. The Peruvian Institute of Economics (IPE) warns that the contraction is “the most critical figure in more than 20 years.” The formality […]

Agriculture, fishing and mining workers earn below the minimum wage

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, […]

Peruvian economy falls 0.55% in 2023 and the largest decline in 31 years is confirmed

Peruvian economy falls 0.55% in 2023 and the largest decline in 31 years is confirmed Peruvian economy falls 0.55% in 2023 and the largest decline in 31 years is confirmed

Since 1992 – without taking into account the pandemic – there has not been a decline in national production until 2023, when we closed at -0.55%, confirming the largest drop in 31 years, according to official data from the National Institute of Statistics and Informatics (INEI). Although the distance is great, both years are characterized […]

Almost double the minimum wage: how much do Lima residents earn on average per month, according to INEI?

Almost double the minimum wage: how much do Lima residents earn on average per month, according to INEI? Almost double the minimum wage: how much do Lima residents earn on average per month, according to INEI?

He National Institute of Statistics and Informatics (INEI), In its technical report on the situation of the labor market in Metropolitan Lima, it noted that Peruvians who work in this region of the country have an average monthly income of S/1,926.10. This figure is 6.8% higher than the previous year’s quarter. It should be noted […]

INEI: only 3 out of every 10 employees are formal

INEI: only 3 out of every 10 employees are formal INEI: only 3 out of every 10 employees are formal

In 2023, the formality rate in Peru went from 26% to 28.9%, while the informality rate fell from 74% to 71.1%, according to the National Institute of Statistics and Informatics (INEI). Approximately, 3 out of every 10 workers operate within the legal framework. The data comes after learning that, during the first year of Dina […]

INEI: the Peruvian economy fell 0.55% in 2023, its worst record in 25 years

INEI: the Peruvian economy fell 0.55% in 2023, its worst record in 25 years INEI: the Peruvian economy fell 0.55% in 2023, its worst record in 25 years

During 2023, The Peruvian economy contracted 0.55%according to the National Institute of Statistics and Informatics (INEI). They influenced the negative result the fall in production in manufacturing (-6.65%), construction (-7.86%), financial (-7.85%), telecommunications (-5.80%), agriculture (-2.91%) and fishing (-19.75%). Not counting the COVID-19 pandemic, which pushed GDP in 2020 to -11.12%, in 2023 the worst […]

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