Country Listing

Peru Table of Contents

Peru

Employment and Wages, Poverty, and Income Distribution

In the first post-World War II decades, the economy was able to absorb the growing urban labor force fairly well, allowing real wages to rise and probably achieving some reduction in poverty. But from the early 1970s to the early 1990s, change has been downhill in such respects, with falling real wages, increasing poverty, and worsening indices of underemployment.

Data as of September 1992