Peru: Formal employment maintains 16-month growth in urban areas

14:08 | Lima, Jan. 20.

Peru's formal employment has maintained growth over the last 16 months. The monthly average in 2019 was 0.3% over the same period in 2018, the Labor-Employment Promotion Ministry's National Survey on Monthly Employment Variation (ENVME) revealed on Monday.

According to ENVME —developed by the Ministry's Socioeconomic and Work Research Office (DISEL)—  the economic activities that grew the most in terms of formal employment were linked to the following sectors: manufacturing (+1%), extractive (+1%), services (+0.6%), and commerce (+0.5%).

The cities —where employment grew the most— were Piura (+19.1%) and Sullana (+17.2%), while those with the largest declines were Huancavelica (-13%) and Cerro de Pasco (-8.7%).

In December 2019, formal employment rose by 0.5% —compared to the similar period during 2018— at private companies hosting 10 or more workers in urban areas.

Also, formal employment increased in 14 of the 29 surveyed cities, with a growth of 1.9% in the main cities. In Lima —as at December 2019— formal employment registered a slight drop (-0.1%) compared to the same month in 2019.

The survey was conducted at formal private companies —with 10 or more workers— in Lima Metropolitan Area and Peru's 29 main cities.


Published: 1/20/2020
Most read