Goodbye demographic bonus: the sudden aging of the Peruvian labor market, by Miguel Jaramillo
“The size of the drop in labor supply is similar to that of the drop in youth employment. Thus, the propensity to hire young people has not changed, but the supply of young people in the labor market has fallen. The causes of this lie in the conjuncture, not in some structural factor.”
Our senior researcher Miguel Jaramillo writes about the aging of the Peruvian labor market.