The unemployment rate in Argentina decreased to 9.6 percent in the second quarter of 2021 from 10.2 percent in the previous period, well below market expectations of 10.8 percent. It was the lowest jobless rate since the last quarter of 2019, as the number of unemployed fell by 82 thousand to 1,273 thousand while employment was little changed at 11,981 thousand. Meantime, the employment rate edged down to 41.5 percent from 1.6 percent in Q1; and the labour force participation rate dropped to 45.9 percent from 46.3 percent. A year ago, the jobless rate was higher at 13.1 percent. source: Instituto Nacional de Estadística y Censos (INDEC)
Unemployment Rate in Argentina averaged 9.56 percent from 2002 until 2021, 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. This page provides - Argentina Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on November of 2021.
Unemployment Rate in Argentina is expected to be 10.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Unemployment Rate is projected to trend around 9.50 percent in 2022 and 9.20 percent in 2023, according to our econometric models.