Overview
- The central bank reported 276,000 additional formal jobs versus September 2024, taking the expansion streak to 18 months.
- Private formal employment rose 5.9% year over year, with agriculture adding about 90,000 jobs, services 75,000 and commerce 31,000.
- The overall real wage bill increased 9.1% from a year earlier, reflecting both more positions and higher recorded earnings.
- In the private sector, the real wage bill climbed 10.2% and has also posted 18 consecutive months of growth, supported by services and mining.
- Figures are based on Peru’s electronic payroll registry, which tracks formal employment and pay, while reporting notes persistent risks such as informality and sectoral slowdowns.