Data published quarterly by national institute of statistics and census. Unemployment rate in argentina increased to 13 1 in the second quarter of 2020.
Argentina unemployment rate for 2019 was 9 79 a 0 57 increase from 2018.
Argentina unemployment rate. Argentina unemployment the economy likely took a severe hit in q2 and available indicators suggest the economic situation remains challenging although it is gradually stabilizing in q3. The unemployment rate in argentina jumped to 13 1 percent in the second quarter of 2020 from 10 4 percent in the previous period. The oecd harmonized unemployment rate gives the number of.
In 2019 unemployment rate for argentina was 9 8. Unemployment rate can be defined by either the national definition the ilo harmonized definition or the oecd harmonized definition. Argentina s unemployment rate jumped to 13 1 in the second quarter of the year as the country was swiped by the coronavirus pandemic the official statistics agency said on wednesday the highest.
Though argentina unemployment rate fluctuated substantially in recent years it tended to decrease through 2000 2019 period ending at 9 8 in 2019. The number of unemployed climbed by 43 thousand to 1437 thousand while employment dropped by 2455 thousand to a 15 year low of 9546. Argentina s unemployment rate is updated quarterly available from dec 2002 to mar 2020 with an average rate of 8 45.
Argentina unemployment rate hit 13 1 in second quarter stats agency back to video country was hit by the coronavirus pandemic up from 10 6 in the same period a year earlier the official. It was the highest jobless rate since the third quarter of 2004 as the coronavirus pandemic hit the labour market. What is unemployment rate in argentina.
The maximum rate was 20 8 and minimum was 5 9. Employment rate in argentina decreased to 33 40 percent in the second quarter of 2020 from 42 20 percent in the first quarter of 2020. Argentina unemployment rate for 2017 was 8 35 a 0 37 increase from 2016.
The data is reported by reported by ceic data. Employment rate in argentina averaged 41 52 percent from 2002 until 2020 reaching an all time high of 43 40 percent in the third quarter of 2011 and a record low of 33 40 percent in the second quarter of 2020. Argentina unemployment rate for 2018 was 9 22 a 0 87 increase from 2017.
Activity plunged throughout q2 constrained by severe lockdown measures while data on consumer confidence and industrial production points to a softer pace. Argentina s unemployment rate increased to 10 40 in mar 2020 from the previously reported number of 8 90 in dec 2019. Unemployment refers to the share of the labor force that is without work but available for and seeking employment.
Argentina s unemployment rate jumped to 13 1 in the second quarter of the year as the country was hit by the coronavirus pandemic up from 10 6 in the same period a year earlier the official. The data reached an all time high of 20 40 in mar 2003 and a record low of 5 90 in sep 2015.