The recently-issued Inter-American Development Bank's (IDB) report titled "Better Jobs Index" places Peru as the second most important country in Latin America, when it comes to lowest employment gender gap.
The
document states the Inca country's male and female employment indexes stand at 63.6 points (13th position) and 46.1 points (9th), respectively, with a difference of 17.5 points.
"This difference is lower in Peru if compared to the regional average (22.5 points)," IDB pointed out.
Likewise, the report notes said gender gap is higher in quantity (in which the number of men surpasses the female share by 18.3 points; 89 compared to 70.7 points) than in quality (in which the proportion of men is higher by over 15 points; 38.2 against 21.5).
Positive evolution
On the other hand, IDB said Peru's evolution within the Best Jobs Index has been slightly positive in recent years. It went up from 53.1 points in 2010 to 54.7 points in 2015, which is the latest year analyzed.
"This evolution is supported by increases in the quality dimension —in which Peru climbed from 24.5 to 29.7— as well as by reductions in the quantity dimension, in which it slid 1.8 points (from 81.6 to 79.8 points between 2010 and 2015)," the organization expressed.
Better Jobs Index
The
Better Jobs Index is a tool that, for the first time, allows users to compare working conditions in 17 Latin American countries.
This report measures the state of employment in each country through two dimensions (quantity and quality), each consisting of two indicators.
The quantity dimension captures how many people want to work (labor participation) and how many actually do work (employment).
On the other hand, the quality dimension measures how much of the work generated in a given country is registered in social security (formality) and how many workers receive wages that are sufficient to overcome poverty (living wage).
The index is based on data periodically published by Latin American countries, which the IDB harmonizes through its Labor Markets and Social Security Information System (SIMS).
Therefore, the
Better Jobs Index allows for comparisons to be made between countries and for analysis of how jobs have evolved in Latin America since 2010. It also provides information on existing gender and age gaps.