Friday, 20 Apr 2018

Unemployment reaches its highest level in six years and hits 420,900 people

He unemployment in Metropolitan Lima continues advancing. During the summer the unemployment rate reached 8.1% of the population , its highest level in practically six years, according to the latest report from the National Institute of Statistics and Informatics (INEI). Only between January and March 19,800 people became part of the unemployed ranks, which in the capital they already add 420.90 0, at a juncture where labor-intensive sectors such as manufacturing, commerce and services show weak performance. The last time an equal high rate of unemployment was registered in Metropolitan Lima, where almost a third of the economically active population is located, was between February and April 2012, when it also reached 8.1%. The weakness of the Peruvian economy has been deteriorating the labor market for more than a year. To the advance of unemployment a constant increase in informal employment (5.6% between January and March) and the elimination of formal jobs (-2.5%). But the women who suffered most were women during the summer. Of the 19,800 people who went to swell the group of unemployed in the capital, 18,700 were women, that is, 94%.

“But the women who suffered most were women during the summer, of the 19,800 people who joined the group of unemployed in the capital, 18,700 were women, or 94%.” INEI

“Of the total of unemployed people, 47.8% (201,300) are men and 52.2% (219,600) are women. The female unemployment rate stood at 9.2% , being 2.1 percentage points more than men (7.1%), “explained the statistical entity. If we analyze it by age, more than half of the unemployed (226,700) are young people between 14 and 24 years old, and 1 of every 5 young people in Lima is unemployed. But in all age groups there is an increase in the unemployment rate. Another relevant fact is that of the total unemployed in the capital, 93% (391,200) have lost their jobs , while only 7% (29,800) are people who enter the labor market for the first time and are actively looking for a job.

Post Comment