Argentina Employed Persons  Forecast 2016-2020

Employed Persons in Argentina is expected to be 112300.00 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Argentina to stand at 13900.00 in 12 months time. In the long-term, the Argentina Employed Persons is projected to trend around 15500.00 Thousand in 2020, according to our econometric models.

Argentina Employed Persons
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Forecast Actual Q1/17 Q2/17 Q3/17 Q4/17 2020 Unit
Employed Persons 11459 112300 11240 13000 13900 15500 Thousand
Argentina Employed Persons Forecasts are projected using an autoregressive integrated moving average (ARIMA) model calibrated using our analysts expectations. We model the past behaviour of Argentina Employed Persons using vast amounts of historical data and we adjust the coefficients of the econometric model by taking into account our analysts assessments and future expectations. The forecast for - Argentina Employed Persons - was last predicted on Wednesday, March 29, 2017.
Argentina Labour Last Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 7.6 9.9 10.1 10.2 10.2 9
Employed Persons 11459 112300 11240 13000 13900 15500
Unemployed Persons 937 1330 1350 1360 1350 1000
Employment Rate 41.9 41 41.2 41.5 42.2 45
Labor Force Participation Rate 45.3 45.06 45.48 45.57 45.4 45.42
Wages 26566 21424 21440 21449 21453 21454
Wages In Manufacturing 2782 2485 2550 2650 2800 3700
Minimum Wages 8062 8162 8555 6810 9370 7010
Population 43.59 43.26 43.38 43.49 43.61 45.57
Living Wage Family 9308 12400 12400 12400 12400 13300
Living Wage Individual 7055 6900 7000 7200 7400 8000
Wages Low Skilled 7100 7400 7500 7700 8100 1790
Wages High Skilled 16400 18300 19000 19500 20350 26700