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December 21, 2021
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Informal worker earnings are 65.5% lower

Informal worker earnings are 65.5% lower

In 2020, received an average of S / 815, a figure 65.5% lower than the income received by formal workers (S / 2,366), according to a ComexPerú report.

The union indicated, in this sense, that the discussion on the possibility of increasing the Minimum Living Remuneration (RMV) requires considering the negative effects it would have on the formal labor market, “even more so in a scenario of economic recovery.”

As was recently pointed out by the president of the Central Reserve Bank, Julio Velarde, ComexPerú considered that an increase in the RMV could mean a damage to the that employ a large part of the population.

“The recovery in employment is explained to a greater extent by an increase in the number of informal workers, which differs from the formal sector, which still shows negative figures.

Despite all this, President Pedro Castillo stated that it is necessary for the National Labor Council (CNT) to approve the increase in the RMV. “It is necessary that the CNT, where the State, the private sector and the workers are represented, can decide to increase the minimum wage and we can announce this news to the working class,” he said yesterday at the presentation of the National School of Studies Trade unions.

Keep in mind

-According to ComexPerú, with data from the INEI, the population with informal employment in the urban area from October 2020 to September 2021 was 9.5 million people.

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