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According to the SNI, only 1 in 10 young people are formally employed.

Most young workers are informally employed. | Font: Andean

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As of the end of 2021, 90.3% of workers under the age of 24 were informal, warns the National Society of Industry (SNI).

The union notes that informality It is higher among workers under 24, meaning that only one in ten working young people in Peru has a formal job.

According to them, every year more than 300,000 young people enter labor marketbut they do not find quality work or in their profession.

With this in mind, the SNI indicates that in order to encourage the formal employment of people aged 18 to 29, companies should be eligible for a tax credit recognizing 150% of the cost of this employment for their income purposes. statement.

Among other activities to create Workpropose an expansion of work for taxes, as well as the application of sectoral policies in sectors with high employment and in the production of non-traditional exports, such as aquaculture, fisheries and clothing.

SNI also recalled that mypes provide 88.6% of private sector jobs, for which they propose to transform the “Purchasing Program in MYPErú” by centralizing the budget for programs for the production of shoes, polo shirts, divers, school folders and food.

“Without real policies to stimulate our industries, we cannot expect sustainable growth. If we continue the same trend unchanged, then we will only grow by 2.5% next year, which will definitely not help us develop and workplaces that the country needs,” commented Jesús Salazar Nishi, President of SNI.

He added that without reactivation measures, private investment would only grow by 0.5% in 2023, while public investment would fall by 0.5%.

Source: RPP

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