Market Intelligence Reports

Latin America Market Report Q2 2023

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Talent Solutions - Latin America QMR Q2 2023 | 56 Peru Latest Available Data Q2 2023 Total Labor Force (000s) 19,323 Employed Workers (000s) 17,951 Unemployed Workers (000s) 1,372 Unemployment Rate 7.1% ▪ 20% of the Labor force is 55 years+. ▪ Compared to Q1 2019, the number of participants in the Labor Force has increased across each age group. The labor force participation rate has particularly increased for the 25-54 year olds. Workforce Statistics Age Profile of Labor Force Distribution of Status in Employment Duration of Unemployment – 25 years+ ▪ 90% of the Unemployed Population has been unemployed for less than 3 months. Labor Force Participation Rates by Age and Sex Number of Participants in Labor Force By Age (000s) ILOSTAT

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