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Labour market indicators
Unemployment rate in
2001:
7.9%
(ILO data)
Working population:
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27 546 700
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10 944 304
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40%
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Employment by sector:
| Sources: ILO, Eurostat, last available data |
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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 %.
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