The president of the National Society of Industries (SNI), Jesús Salazar Nishi, stated that 8 out of every 10 Piurans work inlabor informality, because the regions have not found a sustainable growth path and the only way toFighting poverty is through formality. “Labor informality is directly related to poverty,” she said. Salazar Nishi indicated that […]
Tag: Informality
In Peru, more than 96% of companies are mypes, but 8 out of 10 are still informal
In 2022, 86.7% of micro and small businesses (mypes) that operated in Peru were informal, an increase of 0.4% compared to 2021 and 2.9% compared to 2019, before the COVID-19 pandemic; according to data from the National Household Survey (Enaho) presented by the Foreign Trade Society of Peru (ComexPerú) during the XVI APEC SME Summit. […]
Informality exceeds 70% in six cities
Of the 17 million 319,900 Peruvians who had a job between April 2022 and March of this year, 73.5% of people had an informal job; that is, without labor rights or social protection. While the remaining 26.5% declared having found a formal position, according to the latest INEI report on the behavior of the labor […]
Peruvian labor market: which cities have the highest informal employment rate?
Of the 17 million 319,900 employed Peruvians, 73.5% got an informal job, that is, without employment benefits, while 26.5% claimed to be working in the formal sector between April 2022 and March of this year. According to the latest report from the National Institute of Statistics and Informatics (INEI) on the behavior of indicators of […]
Informality in business reached its highest peak in 8 years
Informality in business reached its highest point in the last 8 years: of 9.1 million businesses, 5.5 million are not registered with Sunat, according to the Institute of Economics and Business Development of the Lima Chamber of Commerce (CCL). This figure is alarming because it shows a progressive increase (see graph) of irregular work in […]
Poorer households reduced their spending and inequality widens
It is not a secret that the pandemic shook all the socioeconomic dimensions of Peru. As a result, we are witnessing how poverty has advanced and now subdues almost 10 million compatriots, according to the National Institute of Statistics and Informatics (INEI). What is the most serious symptom of the matter? The poorest Peruvians spent […]
Minister of Labor: irregular immigration increases labor informality in the country
The labor informality in Peru exceeds 76% of the economically active populationwhich is equivalent to around 13.1 million people in this situation. This figure reaches 78.4% in micro and small companies (mypes) that concentrate 36% of the employed EAP, according to the Minister of Labor and Employment Promotion, Fernando Varela. The proportion is higher in […]
ILO believes that artificial intelligence will create more jobs than it destroys
The CEO of the International Labor Organization (ILO)Gilbert Houngbo, affirmed that the advance of the artificial intelligence is “unstoppable”but warned that the technology it usually creates more jobs than it destroys. ”Artificial intelligence is unstoppable. We have to accept that it will go further and further. But generally speaking, technological and digital advances often create […]
1.2 million Peruvians with disabilities are in poverty
Peru has a little more than three million inhabitants with disabilities, and of that universe, 40% -approximately 1.2 million citizens- are submerged in some type of poverty, reported from the National Council for the Integration of Persons with Disabilities (Conadis). The poverty that covers almost a tenth of the population with disabilities should not be […]
Daniel Barco: “We project a rate of 2.6%, but we will probably have to review it”
The World Bank’s senior economist in Peru assures that “political volatility materializes downside risks in the Peruvian economy.” From the World Bank they describe the virtues and complications of our market in the midst of a sociopolitical crisis, in a year where the economy weighed down by external and internal attacks, it would grow less […]