While in the Executive they are concerned about whether or not Congress approves the president’s trips Pedro Castillo Abroad, there are issues related to the economy about which little is said. in matters of jobFor example, it has not been possible to recover all the positions lost during the pandemic.
In the third quarter of the year, in companies with 51 or more workers, 10.1% fewer workers were registered than in the same period of 2019, that is, 390,200 fewer people.
In the period of analysis, there are also sectors that have not yet recovered the number of jobs they had before the health emergency. In the case of Mining, the figure is 42.5% below the months of 2019, while Fishing registers 42.1% less.
The category of Services is also located within those that have not yet recovered, and registers 2.6% less than it was three years ago.
By age, results are shown in red. Thus, in the group of people between 14 and 24 years old, there is a drop of 5.7% when compared to the third quarter of 2019.
FORMAL
The INEI data reveal that the employed population with formal employment at the national level in the moving year October 2021 and September 2022 decreased by 1.6 percentage points when compared to October 2019 – September 2020. However, in the urban area a decline was observed of 3.3 percentage points in the analysis period.
The labor activist Ricardo Herrera explained that there are no indications on the part of the government of generating a policy that helps to recover the levels that were registered before the health crisis.
“The Minister of Economy (Kurt Burneo) has given a series of measures to reactivate the economy, but the problem is that he says one thing and the Labor Minister says another,” he added.
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Likewise, he considered that “they continue to govern for a minority” in the country. However, he also pointed out that there are companies that with the pandemic “realized that there were positions that were not so necessary for the business.”
PRIVATE INVESTMENT
On the other hand, the Peruvian Institute of Economy (IPE) revealed that in the third quarter of the year private investment fell 0.8%.
“This result is the lowest since the last quarter of 2020, when the economy was still operating amid sanitary restrictions,” he assured.
For the IPE, the fall is a consequence of the lower execution of mining projects, whose disbursements fell 12.5% ”due to the completion of works in Quellaveco.”
The results for the last part of the year are not encouraging. The Peruvian Institute of Economy forecasts that, in the fourth quarter, private investment will register an annual contraction of 2%, which would end the year with a decrease of 0.5%.
“The outlook for 2023 has become increasingly challenging as a result of a significant deterioration in the international context,” he stressed, adding that a 2.8% drop in this sector would be expected for next year.