The Central Bank of Peru published labour market data showing nationwide formal employment grew 3.9% year on year in January 2026, marking 22 consecutive months of expansion and implying 232,000 additional formal jobs. Private-sector formal employment increased 5.3% year on year, with electronic payroll records showing 4.536 million private formal jobs versus 4.307 million a year earlier. The largest contributions to job creation came from services (+92,000), agriculture (+55,000) and commerce (+40,000), based on SUNAT data.
Central Bank of Peru 2026-03-18
Central Bank of Peru reports formal employment rose 3.9% year on year in January 2026
The Central Bank of Peru reported a 3.9% year-on-year increase in nationwide formal employment for January 2026, marking 22 consecutive months of growth. Private-sector formal employment rose by 5.3%, with significant job creation in services, agriculture, and commerce. Electronic payroll records indicated 4.536 million private formal jobs, up from 4.307 million the previous year.