Employment Rate in Peru increased to 93.90 percent in December from 93.70 percent in November of 2019. Employment Rate in Peru averaged 92.19 percent from 2001 until 2019, reaching an all time high of 94.60 percent in November of 2014 and a record low of 88.70 percent in March of 2005. source: Instituto Nacional de Estadística e Informática (INEI)

Employment Rate in Peru is expected to be 93.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Peru to stand at 93.30 in 12 months time. In the long-term, the Peru Employment Rate is projected to trend around 93.10 percent in 2020, according to our econometric models.

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Peru Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
93.90 93.70 94.60 88.70 2001 - 2019 percent Monthly
NSA

Peru Employment Rate
In Peru, the employment rate measures the number of people who have a job as a percentage of the working age population.

Peru Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.10 6.30 13.00 5.60 percent [+]
Employed Persons 5014.80 4961.90 5014.80 3413.00 Thousand [+]
Unemployed Persons 325.90 335.10 471.10 269.30 Thousand [+]
Wages 1832.92 1850.38 1877.35 732.14 PEN/Month [+]
Minimum Wages 930.00 930.00 931.00 1.00 PEN/Month [+]
Population 32.16 31.83 32.16 9.93 Million [+]
Wages High Skilled 3830.00 4190.00 4190.00 3690.00 PEN/Month [+]
Wages Low Skilled 1250.00 1200.00 1250.00 1120.00 PEN/Month [+]
Living Wage Family 1710.00 1710.00 1710.00 1710.00 PEN/Month [+]
Living Wage Individual 995.00 995.00 995.00 995.00 PEN/Month [+]
Employment Rate 93.90 93.70 94.60 88.70 percent [+]