Dairy farmers from different sectors in Arequipa abide by a strike this Tuesday in the South Pan-American Highway. The protest action will have a preventive duration of 12 hours and seeks to expose before the Executive its problems on the sale of fresh milk. They demand regulation and fair payment from dairy companies. This Tuesday, […]
Tag: unemployment
Unemployment, lower wages, precariousness: the legacy of the pandemic for Latin American women
Silvia Muñoz lost her job as a domestic worker in Lima; Yolanda Chambi had to close the sale of her traditional costumes on Lake Titicaca: the pandemic aggravated labor gender inequality in Peru and in the rest of Latin America, where more than four million women still have not regained employment. The pandemic forced many […]
Unemployment in the US slows down and stands at 3.8% in February: very close to the pre-pandemic level
The government of United States reported that, in February, 678,000 new jobs were created, with which unemployment fell to 3.8% and approached the pre-pandemic rate. According to information shared by the Reuters chain, the employment increases reported by the Department of Labor were led by the 179,000 new positions taken in the leisure and hospitality […]
ILO: 4.5 million jobs lost due to the pandemic need to be recovered in Latin America
The COVID-19 pandemic caused up to 49 million jobs to be lost in Latin America, and according to the International Labor Organization (ILO)Until the third quarter of 2021, 4.5 million jobs remain to be recovered. Of this figure, 4.2 million correspond to jobs performed by women. It is important to point out that the gender […]
Unemployment in Peru during 2022 will be lower than average in Latin America
According to analysts from the FocusEconomics Consensus Forecast LatinFocus, Peru will record unemployment below the average for Latin America in the next five years. This indicator was presented in its last report of December 2021. The Peruvian unemployment rate will be 8.3% of the active population in 2022, 7.8% in 2023, 7.4% in 2024, 7% […]
Some 50,000 youth jobs have yet to recover
At the end of 2020, the rate of youth unemployment in Peru it was 13.1%, increasing 5 percentage points over the previous year, with the population aged 15 to 29 being the most affected during the first year of the pandemic, according to the sociologist and labor researcher Alejandra Dinegro. However, as the economy has […]
Why hasn’t Europe been affected by the massive resignation of workers like the US?
Since the pandemic, U.S began to register a massive and voluntary abandonment of Job positions. Experts envisioned a global “Great Renunciation,” but in reality it was not. This rarely seen phenomenon in the American job market has made it difficult for employers to fill job openings. Having to change remote work for the office, exhaustion […]
Almost 50% of households in Latin America earn less than before the pandemic
The recovery of the economy is shown unevenly in Latin America and the Caribbean, who are trying to get out of the COVID-19 crisis with a weakened economy, lower incomes in nearly half of households and twice as food insecure, according to a survey published this Monday, November 29 by the World Bank and the […]
What are leading indicators (and what do they predict will happen to the economy)
Clues about the future. That is what leading indicators of the economy offer. They are vital because they allow governments, companies and even families to foresee what is going to happen and act accordingly, according to the BBC. An example: Until recently, a bottleneck in shipping has been indicating how the economy was reviving after […]
Coronavirus pandemic caused more than 1,500,000 people to lose their jobs
The coronavirus pandemic caused more than 1,500,000 people to lose their jobs in 2020, said Diego Macera Poli, director of the BCRP during his presentation on the world economic outlook during the inauguration of the 32nd Northern Business Meeting. “This means a 13% loss of formal and informal work compared to 2019. In formal work […]