Metropolitan Lima does not see employment growth since May 2017
Formal employment in urban areas of Peru fell 0.5% in February, accumulating eight consecutive months of decline, according to the Ministry of Labor and Promotion of Employment. In addition, there have been 14 months in which formal employment in Metropolitan Lima observed a fall. According to our senior researcher, Miguel Jaramillo, “although economic activity is not as dynamic as it should be, the growth rates of the economy have not reached negative levels, but we see that employment is falling, particularly formal employment. My impression is that it is a very neglected variable in (public) policies “. Miguel’s opinion was highlighted by the newspaper Gestión.
