Peru’s labor market showed modest improvement in mid-2026, with the national unemployment rate easing to 4.7% in July 2026 from 4.9% in June 2026. The latest figures, updated on 17 August 2026, point to a slight but notable strengthening in employment conditions during the period.
The July reading marks a continuation of a downward move from June’s level, suggesting that more Peruvians found work or re-entered the labor force successfully during the month. While the decline of 0.2 percentage points is relatively small, it indicates incremental progress in the country’s efforts to support job creation and stabilize the labor market in the second half of 2026.
