Argentina’s jobless rate fell to 6.4% in Q4 2024, down from 6.9%, the lowest since Q4 2023. The employment rate rose to 45.7%, and the labor force participation rate increased to 48.8%.
Argentina’s unemployment rate has dropped to 6.4% in the fourth quarter of 2024, a decrease from 6.9% in the preceding quarter. This marks the lowest unemployment figure recorded since Q4 2023. Concurrently, the employment rate rose to 45.7%, an increase from 45.0% in the prior quarter. Additionally, the labor force participation rate improved to 48.8%, up from 48.3%.
The decline in Argentina’s unemployment rate to 6.4% indicates a positive trend in the labor market, accompanied by increases in both employment rates and workforce participation. These changes suggest potential economic recovery as more individuals find jobs and participate in the labor market.
Original Source: www.tradingview.com
