The unemployment rate in Argentina jumped to 9.6 percent in the second quarter of 2018 from 9.1 in the previous quarter and 8.7 percent a year earlier. It was the highest jobless rate since the first quarter of 2007. The number of unemployed rose by 56 thousand to 1, 239 million while employment went down by 107 thousand to 11.642 million. The underemployment rate jumped to 11.2 percent from 11.0 percent a year earlier and 9.8 percent in Q1. The jobless rate was higher for women (10.8 percent vs 9.5 percent in Q1 2017) than for men (8.7 percent vs 8.2 percent). Among the six regions considered, Gran Buenos Aires recorded the highest jobless rate at 11.4 percent, followed by Pampeana at 8.8 percent. Unemployment Rate in Argentina averaged 9.41 percent from 2002 until 2018, reaching an all time high of 20.80 percent in the fourth quarter of 2002 and a record low of 5.90 percent in the third quarter of 2015.

Unemployment Rate in Argentina is expected to be 9.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Argentina to stand at 9.80 in 12 months time. In the long-term, the Argentina Unemployment Rate is projected to trend around 9.70 percent in 2020, according to our econometric models.

Argentina Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-13 07:00 PM Unemployment Rate 8.3% 8.7% 8.4%
2018-03-20 07:00 PM Unemployment Rate 7.2% 8.3% 7.4%
2018-06-21 07:00 PM Unemployment Rate 9.1% 7.2% 7.0%
2018-09-20 07:00 PM Unemployment Rate 9.6% 9.1% 9.4%
2018-12-18 07:00 PM Unemployment Rate 9.6% 9.6%
2019-03-20 07:00 PM Unemployment Rate 9.8%
2019-06-21 07:00 PM Unemployment Rate 9.9%


Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.60 9.10 20.80 5.90 percent [+]
Employed Persons 11642.00 11749.00 16100.01 10560.47 Thousand [+]
Unemployed Persons 1239.00 1183.00 3406.25 709.00 Thousand [+]
Employment Rate 41.90 42.40 43.40 36.30 percent [+]
Labor Force Participation Rate 46.40 46.70 46.90 44.50 percent [+]
Wages 31437.00 30610.00 42398.00 913.00 ARS/Month [+]
Minimum Wages 11300.00 10700.00 11300.00 0.00 ARS/Month [+]
Population 44.05 43.59 44.05 20.68 Million [+]
Living Wage Family 14400.00 12200.00 14400.00 10300.00 ARS/Month [+]
Living Wage Individual 10400.00 8560.00 10400.00 6550.00 ARS/Month [+]
Wages High Skilled 20500.00 19500.00 20500.00 13300.00 ARS/Month [+]
Wages Low Skilled 10500.00 10200.00 10500.00 6250.00 ARS/Month [+]
Wage Growth 2.34 2.84 6.33 0.74 percent [+]


Argentina Unemployment Rate

In Argentina, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Argentina Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
9.60 9.10 20.80 5.90 2002 - 2018 percent Quarterly




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.10 Aug/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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