While Peru still has a low rate of dependency, that is more people working over those who don’t, this situation will be over soon, according to the general manager of the Central Reserve Bank (BCR), Renzo Rossini.
Rossini told Gestión that he believes that in addition to thinking about combating poverty and informality, the demographic bonus should be considered.
“The dependency rate is already falling. In 2030 the window of opportunity is over, from there on Peru begins to age more rapidly. We have a load of people who will no longer be in the labor market, or will have to be in the labor market in a forced way,” he said during the Sustainable Development event in 2021, organized by CIES, according to the aforementioned source.
A solution suggested by Rossini is for the country to grow at a better rate and generate more jobs. “The State should facilitate the hiring of young people”, he indicated.
Now that you're here:
We're asking you, our reader, to make a contribution in support of our digital guide in order to keep informing, updating and inspiring people to visit Peru. Why now? In our near 20-year journey as the leading English-language source on travel in Peru, we've had our fair share of ups and downs-but nothing quite like the challenges brought forth in the first quarter of 2020.
By adapting to the changing face of the tourism and travel industry (on both local and international levels), we have no doubt we will come out stronger-especially with the support of our community. Because you will travel again, and we will be ready to show you the best of Peru.
Your financial support means we can keep sharing the best of Peru through high-quality stories, videos and insights provided by our dedicated team of contributors and editors based in Peru. And of course, We are here to answer your questions and help whenever you need us.
As well, it makes possible our commitment to support local and small businesses that make your visit an unforgettable one. Your support will help the people working in these industries get back on their feet once the world allows us to make our dream of enjoying everything Peru has to offer a reality again-from its mouthwatering gastronomy, thriving Amazon and archaeological wonders such as Machu Picchu.
Together, we will find a way through this. As a member of our community, your contribution, however big or small, is valuable.