Argentina Unemployment Rate

Unemployment Rate in Argentina increased to 7.90 percent in the first quarter of 2013 from 6.90 percent in the fourth quarter of 2012. Unemployment Rate in Argentina is reported by the Instituto Nacional de Estadista. Historically, from 2002 until 2013, Argentina Unemployment Rate averaged 10.2 Percent reaching an all time high of 20.8 Percent in December of 2002 and a record low of 6.7 Percent in December of 2011. In Argentina, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page includes a chart with historical data for Argentina Unemployment Rate.

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Argentina Unemployment Rate
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Argentina´s Unemployment Rate Down to 6.9 % in Q4
Duarte Ricardo | duarte.ricardo@tradingeconomics.com  |  2/20/2013 12:21:50 PM


After three quarters of continued increases, Argentina’s jobless rate fell to 6.9 percent in the fourth quarter of 2012.

In the last three months of 2012, the unemployment rate was 6.9 percent, slightly up from the record-low of 6.7 percent recorded in the same quarter a year earlier despite the huge deceleration in economic growth. 

The number of unemployed persons decreased to 808 thousand from 906 thousand registered in the previous quarter.
 
Unemployment rate recorded in the Great Buenos Aires area dropped to 7.7 percent from the 8.4 percent registered in the previous quarter.




Unemployment Rate | Notes

The unemployment rate can be defined as the number of people actively looking for a job divided by the labour force. Changes in unemployment depend mostly on inflows made up of non-employed people starting to look for jobs, of employed people who lose their jobs and look for new ones and of people who stop looking for employment.






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