Peru

Click on each topic for more information
:

LABOUR MARKET

 

 

Labour market indicators

Unemployment rate in 2001: 7.9% (ILO data)


Working population:

Year

Total Population

Working population

Activity rate

2004  

27 546 700  
10 944 304  
40%  
Source : Worldbank


Employment by sector:

Year

Agriculture

Industry

Services

2003  

0.7%  
20.6%  
78.6%  
Sources: ILO, Eurostat, last available data

 

Employment contracts
Employment contracts are regulated by legal clauses and to a lesser degree by collective agreements and individual negotiations.
The terms of employment contracts, the conditions for hiring and the limits for dismissal are very flexible.


Salaries

National monthly minimum wage as of 01/01/03: US $128 (450 soles)

Average wage for a employee in the manufacturing industry in 2004: 2460.01 new soles by  month (ILO data)


Social security contributions

Employer: 27 %.

Employee: 0 %.

 

Number of hours

Legal definition of full time work (per week): 48 hours

Retirement age: 65.

 

Unions

Average rate of union membership:6 %.

Unions: The Confederation CGTP (Confederacion General de Trabajadores del Peru) can be listed.


Useful links

For further informations on the labour market, check out the following web sites:

- International Labour Organization (ILO): studies, statistics and reports on working conditions and labour markets

- NATLEX : ILO database on national labour laws


Last modified in January 2006
Export Entreprises©, All rights reserved