Peru Unemployment Rate - Forecast

Unemployment Rate in Peru is expected to be 5.80 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 7.20 in 12 months time. In the long-term, the Peru Unemployment Rate is projected to trend around 7.00 percent in 2020, according to our econometric models.


Forecast Data Chart
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Peru Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 6.1 5.8 6 7 7.2 7
Employed Persons 4920 4800 4900 4850 4810 4950
Unemployed Persons 319 315 320 335 325 345
Wages 1796 1650 1660 1740 1787 1700
Minimum Wages 930 850 850 900 959 900
Population 31.83 32.07 32.07 32.54 32.54 33.17
Wages High Skilled 4190 4250 4250 4350 4350 4500
Wages Low Skilled 1220 1100 1100 1280 1280 1350
Living Wage Family 1540 1650 1650 1740 1740 1780
Living Wage Individual 895 895 895 950 950 1000
Employment Rate 63.2 63.47 64.5 63.7 63.5 65