Peru Unemployment Rate - Forecast

Unemployment Rate in Peru is expected to be 6.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Peru to stand at 7.00 in 12 months time. In the long-term, the Peru Unemployment Rate is projected to trend around 6.70 percent in 2020, according to our econometric models.


Peru Unemployment Rate
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Peru Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 7.3 6.5 7.2 7.3 7 6.7
Employed Persons 4854 4825 4840 4837 4836 4836
Unemployed Persons 384 460 470 475 465 450
Wages 1704 1730 1650 1660 1740 1700
Minimum Wages 930 850 850 850 900 900
Population 31.83 32.4 31.73 31.81 31.89 33.08
Wages High Skilled 4190 4250 4250 4250 4250 4350
Wages Low Skilled 1220 1280 1280 1280 1280 1350
Living Wage Family 1540 1650 1650 1650 1700 1700
Living Wage Individual 895 895 895 895 895 895
Employment Rate 63.6 64 63.13 64.51 64.04 65