Unemployment in Argentina

Argentina Unemployment | Economic News & Forecasts

Argentina - Unemployment

A strengthening economic recovery is on the horizon for Argentina. Economic activity recorded its best performance in nearly two years in June, and in July industrial production maintained its momentum with a third consecutive month of year-on-year increases. Consumer confidence responded with a sharp improvement in August, particularly on optimism about the country’s short-term economic prospects. The peso also strengthened towards the end of August, following the results of a mid-term legislative primary election held on 13 August that were seen as favoring business-friendly President Mauricio Macri as he heads towards October’s parliamentary election. On the fiscal front, the year-to-date primary fiscal deficit reached 1.7% of GDP in July, making the government’s target of a 4.2% deficit for 2017 seem more feasible.

Argentina - Unemployment Data

2012  2013  2014  2015  2016  
Unemployment Rate7.2  7.1  7.3  7.1  8.4  

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Argentina Unemployment Chart

Argentina Unemployment
Note: Unemployment in % of active population.
Source: National Statistical Institute (INDEC).

Argentina Facts

Bond Yield6.690.15 %Dec 17
Exchange Rate17.270.44 %Sep 21
Stock Market24,5791.00 %Sep 21

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