“Informal Economy” is a major part of Peru’s labor market

Americas Now

While Peru is one of Latin America’s stellar economies, more than two-thirds of the adult population work outside the regulated, tax-paying system.

Employment experts refer to this as the “informal sector.” It’s a category that 135 million Latin Americans labor under throughout the continent.

Incredibly, that number has fallen only slightly in the last two decades.

Correspondent Dan Collyns takes a closer look at some of those working lives in the Peruvian capital of Lima.