Peru Formal Employment Rises 4.2% in May, Creating 251,000 Jobs
Updated
Updated · andina.pe · Jul 20
Peru Formal Employment Rises 4.2% in May, Creating 251,000 Jobs
2 articles · Updated · andina.pe · Jul 20
Summary
251,000 jobs were added in Peru in May, lifting formal employment 4.2% from a year earlier, according to the central bank.
The increase points to continued hiring in the formal economy, with the BCR presenting the gain as the key labor-market development for the month.
The jobs data adds to recent signs of macroeconomic stability in Peru, where net international reserves stood at $99.489 billion on July 14 and country risk was reported at 105, below the regional average.