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Lima Jobless Rate Falls to 4.4% as Jobs Rise 6.0%

Peru's statistics institute INEI reported on Thursday that Lima's unemployment rate fell to 4.4% in the July to September quarter, from 5.7% a year earlier, as employment rose 6.0% to 6,013,300 people. Services added 285,400 jobs, while manufacturing lost 43,500. Women's employment grew faster than men's, and workers aged 45 and older drove the gain. However, average monthly pay from the main job rose only 0.4% to S/ 2,302 (about US$669), while Lima consumer prices rose 4.55% in the 12 months to September. The labour ministry also said the minimum wage rose to S/ 1,230.

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Original headline: Lima Jobless Rate Falls to 4 . 4 % as Jobs Rise 6 . 0 %

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