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July 29, 2022
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Message to the Nation: Pedro Castillo’s statements about employment and economic growth are questioned

Message to the Nation: Pedro Castillo's statements about employment and economic growth are questioned

The highlighted in his that employment has recovered to pre-pandemic levels and that the country’s economy is leading the region. How true are these statements?

The president assured that “we have recovered employment levels, which currently exceed 5.5 million jobs.”

“Formal employment at the national level increased by 6.9% year-on-year to May of this year and 354 thousand jobs were recovered with it. I must emphasize that with this result the levels prepandemic and it accumulates 14 months of consecutive growth”, he asserted.

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In this regard, the labor lawyer and partner of the Miranda & Amado studio, Carlos Cadilloexplains that although there is a recovery in employment to pre-pandemic levels, the reality is not the same when adequate employment is analyzed and it is remembered that underemployment is still a problem in the labor market.

It was a very brief message. It is necessary to open that type of information. What sector is being talked about and what type or quality of employment is being talked about? (…) What has the Government done to achieve this result? Castillo does not say, he only mentions figures. On the contrary, we do have evidence(labor)that all analysts consider that they end up affecting the formal sector”, he asserted.

He added that there are norms contrary to the promotion of formal employment, such as the decree that limits labor outsourcing and the one that modifies collective relations. The latter, according to several analysts, massified the strikes. “These are regulations that could put the formal sector at risk,” he warned.

On the other hand, the economist He commented that although it is true that the country seems to be growing “relatively well”, it does show signs that it is beginning to slow down.

“For me, the remarkable thing is that the president has highlighted growth and poverty reduction so much, but is not able to look back 30 years and all that has been achieved in growth and poverty reduction in a period that he so much has attacked, despite the good policies that fostered the country’s growth and the progress that he is trying to hide. Just as he throws flowers at himself for the growth of the last year, he should open his eyes and look at how the growth of these 30 years was achieved, ”he warned.

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