Minimum wage, immigration and its effects on Peruvian employment, 2021.

Abstract

The setting of the minimum wage and the restriction on immigration are policies applied to the labor market in order to influence its development in Peru and the rest of the world. The objective of the research presentation is to contribute to society through the results of the analysis of the effects of the minimum wage and immigration on the development of the Peruvian labor market in 2021. Among materials and methods, it was established that the research is of a basic type non-experimental design with cross-sectional, descriptive-correlational level. The data collection technique was based on the survey using the questionnaire as an instrument applied to a sample of 385 Peruvian citizens belonging to the EAP of different socioeconomic levels between the ages of 18 and 65 years. The results indicate that the independent variables of minimum wage and immigration have a very low influence on the labor market, with a significance level of 0.00, this being less than 0.05 (p <0.05) and a Nagelkerke R-square of 0.188. It was concluded with the confirmation that there is no considerable impact due to changes in minimum wages and immigration in the labor market.