Peru - Unemployment

Peru: Unemployment

Mnemonic LBU.IPER
Unit Ths., NSA
Adjustments Not Seasonally Adjusted
Monthly 11.2 %
Data Apr 2020 360.7
Mar 2020 406.2

Series Information

Source Central Reserve Bank of Peru (BCRP)
Release Labor Force Survey
Frequency Monthly
Start Date 3/31/2001
End Date 4/30/2020

Peru: Labor

Reference Last Previous Units Frequency
Labor Force Feb 2023 5,506 5,537 Ths. # 3-mo MA, NSA Monthly
Labor Force Employment Feb 2023 5,102 5,093 Ths. # 3-mo MA, NSA Monthly
Total Employment Feb 2023 5,102 5,093 Ths. # 3-mo MA, NSA Monthly
Unemployment Rate Feb 2023 7.3 8 3months moving avg., NSA Monthly
Primary Industries Employment 2021 4,989 4,916 Ths. # Annual
Wage & Salaries 2020 218,619 240,913 Mil. PEN, NSA Annual
Unemployment Apr 2020 360.7 406.2 Ths., NSA Monthly
Agriculture Employment 2017 5,088,095 4,974,987 # Annual

Release Information

The Central Reserve Bank of Peru (BCRP) reports monthly employment data for Lima, the national capital: Count of employed and unemployed persons, average monthly income, and rates.


  • Measurements:
    • Thousands of persons (Ths. #)
    • Peruvian nuevo sol (PEN)
    • Percentage (%)
  • Cumulation: 3-month moving average (3-mo MA)
  • Adjustment:
    • Seasonally adjusted (SA)
    • Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: As early as 2001m03
  • Geographic coverage: Lima, Peru (IPER_LIM)


  • Non-cumulated - 2001 to 2020

BCRP obtains the data from the Permanent Survey of Employment (EPE) conducted by the National Institute of Statistics and Information (INEI). Data is now presented as a 3-month moving average. Data used to be presented as a monthly average.

The survey samples the same 1,600 households in the metropolitan area of Lima and Callao each month. The EPE reports information on employment based on economic activity, occupational category, company size, and demographic information. Unemployment information is reported by age, gender, and level of education. Manufacturing, trade, and service sectors are included in the employment data. 

Estimates are made according to international standards of the International Labor Organization (ILO). An employed person is 14 years or older who worked at least 15 hours of paid in the week prior to the survey. Employed persons also include self-employed workers, those on temporary leave from work (vacation, illness, injury, strike), and members of the armed forces or clergy. An unemployed person is 14 years or older who did not work in the week prior to the survey, but were seeking work for pay. 

Source definitions:

  • Adequately employed: those who work 35 or more hours per week and who earn an income equal to or greater than the Minimum Referential Income estimated by the INEI (S / 1 008.39 as of April 2020). It also includes those who voluntarily work less than 35 hours.
  • Underemployed: Workers who do not have a suitable job, either in terms of income or for a shorter workday than that required by the worker.

Further reading

At the source: