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Employment in Peru grew by just 0.7% in 2022.

In Peru, only 24.3% of workers had a formal job by the end of 2022. | Fountain: Andean

In 2022, more than 17 million 696 thousand people employeeswhich is higher than in recent years, according to the National Institute for Statistics and Informatics (INEI).

However, during the last year Job it grew by just 0.7%, meaning that national employment growth continues to slow in recent months.

Even in rural areas, there is evidence of a drop in employment rates, as there are now 3.5% fewer workers in these areas than in 2021.

The report also notes that while the employed population has increased in most sectors, there has been a decline in jobs related to fishing and agriculture.

In agriculture, it is estimated that more than 412,000 workplacesSo, in 2021, there were 4 million 702 thousand employees in this sector, and now only 4 million 290 thousand are registered.

As for the fishing sector, 99,600 jobs were previously reported, but 9,000 jobs were cut in this sector last year.

informality

In Peru, only 24.3% of workers had official employment until the end of 2022. This figure is 1.1% higher than registered in 2021, but still quite low compared to the informal population.

At the national level there is informality 75.7%, i.e. about eight out of 10 workers, still work informally, without social benefits or work in unregistered companies.

Overall, it is estimated that about 10 million of the 17 million Peruvian workers work informally.

Currently, 90% of jobs in agriculture are informal, while in fisheries, 87.8% of existing jobs work outside of formalities.

INEI also indicates that in construction, 85.4% informal jobsit is followed by trade (76.4%), manufacturing (63.5%), services (62.2%) and mining (38.5%).

The largest number of informal jobs is concentrated in small companies with 1 to 10 employees. workerssince these enterprises employ about 8 million 737 thousand people.

Currently, informality affects women more than men and has a greater impact on the young population under the age of 25, as 85.2% of these workers are in informal employment.

The situation with informality is more serious in rural areassince in these cases informality affects 95.3% of workers.

Source: RPP

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