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November 2, 2023
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July 4, 2019
Fewer formal jobs are currently being created in the country than in recent years —and that's worrying. The growth rate of formal employment positions had remained above 4% in recent years. However, it fell to 2.5% in May.
April 25, 2018
The number of Peruvians living in poverty increased to 6.9 million in 2017, an increase of 375,000 people, which meant that the monetary poverty rate increased by 1 pp to 21.7% of the population. The most likely cause is the weak expansion of formal activities that generate less productive jobs.
August 7, 2017
One of the factors of the greatest upheaval to a country’s economic prospects is the substantial presence of the informal economy. The aim of this paper is to articulate a detailed statistical approach to identify the significance of such factors by examining key econometric strategies and availing ourselves of several different samples for over 160 countries.
