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More than a million formal sector workers could lose their jobs due to protests in Peru.

Formal employment is affected in mining (52.6%), agriculture (51%), manufacturing (32.3%), construction (31%), trade (22.5%) and services (21.6%) . | Font: Andean

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According to the Lima Chamber of Commerce, about 1.1 million Peruvians with formal jobs are at risk of losing their jobs in 11 regions of Peru (CCL). This is due to the paralysis of economic activity. checkpoints where they are asking for advancement of the election.

According to CCL, this more than one million accounts for 27.8% of formal jobs across the country. Recall that Peru has a low level of formal employment, since only 2 out of 10 Peruvians work in such conditions.

Which industries will be affected the most?

By sector, formal employment is affected by the sector Miner (52.6%), agriculture (51%), manufacturing (32.3%), construction (31%), trade (22.5%) and services (21.6%).

Throughout Peru, Madre de Dios, Cusco and Puno are the regions most affected by the blockade; however, according to the Ministry of Economy and Finance, there are seven others with less influence. For CCL, there are 15 where conflicts are recorded.

It is worth recalling that the protests were registered in Amazonas, cashing outApurimac, Arequipa, Ayacucho, Cusco, Huanuco, Ica, La Libertad, Madre de Dios, Moquegua, Puno, San Martin, Tacna and Ucayali.

Export under threat due to blockade

In addition, the business union indicated that conflicts in these regions will affect our exportas they collectively accounted for 54% of total exports in January 2022 at $5,298 million.

He recalled that out of the total exports Ica, 36% corresponds to fresh grapes; while out of the total exports of Áncash and Arequipa66% copper concentrations in each of these regions.

In the case of La Libertad, 43% of total exports are raw gold, while in Moquegua 53% of total exports are refined copper cathodes, and in Apurimac 93% of total exports are copper concentrate.

Finally, CCL stated that other losses resulting from protests these are the ones that are in line with government investment which is SGD 71.3 million daily. He explained that the national government will stop investing SGD 19.7 million, regional governments SGD 14.6 million and local governments SGD 37.0 million.

Source: RPP

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