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Talent Solutions – Latin America QMR Q2 2022
Work Force Statistics
2% Trade Union Membership in 2018
Recent Industrial activity
▪ Transport workers including Truck drivers, bus and
taxi drivers and urban transit workers
▪ Air traffic controllers
▪ Agricultural workers and Miners
Age & Gender Profile - Employed Population Q4 2021
▪ Y Y J ' w
▪ Wage Inflation (Year on Year) to Q4 2021 was
2.7% Based on Ilostat Average Wage figures.
Inflation and Wage Growth
Q2 2022
Total Labor Force (000s)
20,224
Employed Workers (000s) 18,545
Unemployed Workers (000s) 1,679
Unemployment Rate 8.3%
Peru
Q4 2021
Change in Labor Force compared to Q4 2019
Overall there were 1.4% more people employed
compared with Q4 2019. This has been mostly
driven by males with 1.9% more employed than
previously.
▪ Employment among 15-24 year olds increased
by 6.7% (driven by females)
▪ 158K fewer jobs among the 25-34 year old males
while employment among the 35-54 year old
males increased by 354K.
Industrial Action
Indicative Wages (in USD)
Other Cost Considerations
Change in Employed Population Compared to Q4 2019
Monthly Hourly
Sources:
https://wageindicator.org/
https://ilostat.ilo.org/data/
https://data.worldbank.org/
https://tradingeconomics.com/
Minimum Wage in the private sector
Additionally, compulsory profit sharing with employees.
