Economy
World / Countries / MNCs COVID-19 pandemic wipes out 6 mln jobs in Peru
Just Earth News | @justearthnews | 24 Sep 2020, 09:47 pm Print
Pixabay
Lima/Xinhua: More than 6 million Peruvians have been left jobless due to the COVID-19 pandemic, Labor Minister Javier Palacios said on Thursday.
Some 8 percent of Peru's 32 million inhabitants are unemployed, with the unemployment rate as high as 15 percent in the capital Lima, said Palacios.
The National Institute of Statistics and Informatics recently reported that a total of 6,720,000 Peruvians lost their jobs as the pandemic idled economic activity.
Peru's government has adopted strict measures to contain the outbreak of the disease but is gradually reactivating the economy.
More Economy
- UN report shows global economy shows signs of growth, but experts believe recovery remains fragile
- Shocking! Pakistanis spend two-thirds of their income on food and power—Remittances are now lifeline
- SoftBank goes all in on OpenAI, takes 11% stake after $22.5 billion infusion
- World’s top 100 weapons makers hit record $679 billion in 2024
- Asia on the move: Why millions are being driven out by job crises and failing services

