The occupied population of Metropolitan Lima reached 5 million 295 thousand 400 people

When comparing the rolling quarter November-December 2023-January 2024 with a similar rolling quarter of the previous year, the employed population of Metropolitan Lima increased by 4.0% (201,700 people). While, compared to the November-December 2019-January 2020 quarter (pandemic), it grew by 5.1% (258,100 people).

Thus, reported the National Institute of Statistics and Informatics (INEI) in the technical report Situation of the Labor Market in Metropolitan Lima, prepared with the results of the Permanent National Employment Survey (EPEN). He added that the occupied population of Metropolitan Lima reached 5 million 295 thousand 400 people.

By employment level, The population with adequate employment increased by 3.8% (114,600) and totaled 3,106,100 people. Meanwhile, compared to the same moving quarter November-December 2019-January 2020, it decreased by 4.5% (-145,200 people).

On the other hand, the underemployed population increased 4.1% (87 thousand), compared to the rolling quarter November-December 2022-January 2023 and compared to the quarter November-December 2019-January 2020 it increased by 22.6% (403 thousand 200 people).

The male employed population grew by 4.2% and the female employed population by 3.7%

In the moving quarter of analysis, the male employed population increased by 4.2% (114,500) and the female employed population by 3.7% (87,100), when compared to the similar quarter of the previous year.

Employed population aged 45 and over increased by 11.0%

By age group, the population aged 45 and over increased by 11.0% (195,700), followed by the population aged 25 to 44 with 1.4% (36,700); while, it decreased by 4.1% (-30,700) in the population under 25 years of age.

The employed population with non-university higher education increased by 8.6%

The INEI reported that the employed population with non-university higher education increased by 8.6% (88,800), followed by those who studied university education by 4.4% (65,100), those with primary education or a lower level. in 3.4% (12 thousand 200), as well as those with secondary education in 1.6% (35 thousand 600).

Population employed in Services grew by 6.4%

In the mobile quarter of analysis compared to the same mobile quarter of 2023, the employed population increased in the Services sector by 6.4% (183,900), Commerce by 4.5% (49,700); while, it decreased in Construction 9.4% (-37 thousand 300) and Manufacturing by 0.5% (-3 thousand 400).

Unemployment rate stood at 7.2%

The INEI announced that, in the rolling quarter November-December-January 2024, the unemployment rate in Metropolitan Lima was 7.2%, being 0.8 percentage point less than in the similar rolling quarter of 2023 (8 ,0%). It is estimated that 409,700 people sought employment in Metropolitan Lima in this quarter of analysis.

It should be noted that unemployment affected women more than men. Thus, 8.6% of economically active women were unemployed and 5.9% of men. By age groups, unemployment affected the young population in a greater proportion (15.9%).

Average monthly income per job rose by 6.8%

In the moving quarter of analysis, the average monthly income from work in Metropolitan Lima was 1926.1 soles, increasing by 6.8%, compared to the same quarter of the previous year.

The average monthly income in the population between 25 and 44 years old grew by 10.8%

In the mobile quarter of analysis compared to the same mobile quarter of the year 2023, the average monthly income increased by 10.8% (201.3 soles) among those aged 25 to 44 and by 2.4% (46, 0 soles) in the group of 45 and over; However, it was reduced in the 14 to 24 year old group by 2.0% (-24.4 soles).