Paraguay recorded the total reinstatement of inactive employment due to the pandemic

RIO DE JANEIRO, BRAZIL – The Paraguayan Minister of Labor, Carla Bacigalupo, highlighted that by the last quarter of 2021 the “circumstantial inactivity” statistic, referring to people unemployed due to the pandemic, was no longer registered.

It translated into an increase in the labor force during October, November, and December last year. The minister pointed out that more than 52,000 people re-entered the labor force.

As for the labor occupation figure, 30,000 new jobs were registered, representing a large percentage of those who rejoined the labor force and became employed.

For the same reason, an increase in unemployment of 0.3% was recorded for the fourth quarter, compared to the third quarter. However, unemployment decreased by 10,000 people in inter-annual terms, she said on Monday, February 21, in an interview with Paraguay TV.

Minister Bacigalupo referred to the latest employment report of the Permanent Household Survey, prepared by the National Institute of Statistics.

This report confirms the incorporation of 52,260 people into the labor force during the last three months of the year. Of this figure, 41,000 people are women.

The Minister of Labor and Employment (Mtess) also highlighted the continuous decrease in the underemployment rate, which corresponds to people working fewer hours than they are willing to.

She said that the current underemployment rate is 4.6%, representing the lowest in the last five years.

The employment figures for the last quarter finally indicate the disappearance of the “circumstantial inactivity” of people unemployed due to the pandemic, which allows continuing with the reactivation of employment and reducing unemployment and informality rates, Bacigalupo pointed out.

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