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Peru Employment and Wages, Poverty, and Income Distribution
In the first post-World War II decades, the economy was
able
to absorb the growing urban labor force fairly well,
allowing
real wages to rise and probably achieving some reduction
in
poverty. But from the early 1970s to the early 1990s,
change has
been downhill in such respects, with falling real wages,
increasing poverty, and worsening indices of
underemployment.
Data as of September 1992
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