Migration, human capital, and decent work: Venezuelans in Peru

Area of Science:

• Sociology
• Migration Studies
• Labor Economics

Background:

• Venezuelan migration crisis has led to a significant influx of migrants and refugees into Peru.
• Integration of vulnerable populations into host societies presents complex socio-economic challenges.
• The concept of 'Decent Work' is crucial for the well-being and productivity of migrant populations.

Purpose of the Study:

• To investigate the human capital, vulnerability, and integration challenges of Venezuelan migrants and refugees in Peru.
• To understand the difficulties faced in obtaining decent work and becoming productive members of Peruvian society.
• To identify factors contributing to brain waste among highly educated Venezuelan migrants.

Main Methods:

• Descriptive and exploratory research approach.
• Quantitative data collection through questionnaires administered to 1193 Venezuelan migrants and refugees.
• Study focused on individuals seeking assistance from a non-governmental organization (NGO) in Lima, Peru.

Main Results:

• Despite high educational attainment, many Venezuelan migrants and refugees experience underemployment and skill underutilization (brain waste).
• Precarious employment conditions and exposure to various vulnerabilities significantly hinder effective integration.
• A critical gap in literature is addressed concerning the socio-economic realities of this migrant population.

Conclusions:

• Urgent need for public policies and targeted interventions to improve living conditions for Venezuelan migrants and refugees.
• Policies should focus on promoting 'Decent Work' opportunities to leverage human capital and facilitate societal integration.
• Addressing vulnerabilities and facilitating skill utilization are key to mitigating brain waste and fostering productive membership.