Overview
- BCRP data show formal employment grew 4.8% year over year from January to November 2025, marking 20 consecutive months of expansion.
- November alone added about 230,000 formal positions, reflecting continued momentum late in the year.
- Total formal employment reached roughly 6.4 million workers, with about 5.1 million in the private sector and 1.3 million in the public sector.
- The private sector led the advance, with November gains concentrated in services (94,000 new jobs), commerce (37,000) and agriculture (34,000).
- Authorities highlight payroll registration and labor-rights compliance as priorities to preserve progress, with Lima still dominant but regional contributions strengthening.