ECONOMIC INDICATORS
Unemployment in Argentina affected 7.6% in second quarter
Report by INDEC national statistics bureau shows joblessness stayed in line with 7.7% recorded in first quarter, but rate is up from 6.2% seen in second quarter of 2023.
Unemployment in Argentina affected 7.6 percent of the population in the second quarter of the year, a tenth of a percentage point lower than in the preceding three months.
The data, posted by the INDEC national statistics bureau on Thursday, shows that joblessness has risen from last year – 6.2 percent of people were unemployed in the same quarter of 2023.
The unemployment rate, as defined by INDEC, refers to people not employed, who are available for work and actively seeking employment as a proportion of the economically active population.
– TIMES/NA
related news
-
Milei’s magical thinking about a Trump victory
-
The 'Caputo Clan': A family linked to politics and power
-
Central Bank lowers benchmark rate to 35% from 40%
-
JetSMART adds to Argentina fleet as Milei opens up the skies
-
Stories that caught our eye: October 24 to 31
-
Exxon agrees to sell Argentina shale oil assets to Pluspetrol
-
Rescuers confirm second fatality from Villa Gesell hotel collapse
-
Werthein faces Olympian challenge grading foreign service
-
Milei is Argentina’s most popular leader but disapproval grows
-
Unions stage massive transport strike to pressure Milei