PERU: Jobless Rate Rises To 4.2% Between August And October

(RTTNews) - The unemployment rate in Peru rose to 4.2% between August and October, a subtle increase from the previous quarter when the jobless level was at 4.0%, said the South American country's statistics office. In the last two quarters, the jobless rate in Peru hit the lowest level in four months.

Between August and October, the employed population in Peru grew by 2.7% when compared to the same period of 2016, adding 433,100 new jobs.

The employment level increased especially in services (+4.4%), industry (+1.7%), primary activities (+1.5%), construction (+1.4%), and commerce (+1.3%).