Unemployment in Argentina

Argentina Unemployment | Economic News & Forecasts

Argentina - Unemployment

Recent polls suggest Alberto Fernández’s Everyone’s Front (Frente de Todos) coalition is the clear favorite to win the 27 October general elections. Although there is considerable uncertainty over the economic program Fernández will implement, it’s highly probable that the new government will shift away from market-friendly policies. Meanwhile, national accounts data showed that the economy rebounded in Q2, growing for the first time in over one year, supported by a surge in exports and a softer contraction in the domestic economy. However, the recovery should prove short-lived. Despite positive figures for external balances in the first two months of Q3 and July’s uptick in activity, August’s financial drama most likely hit the economy hard. On a more positive note, recent data shows that the primary deficit for January-August amounted to 0.2% of GDP, contrasting the 0.9% deficit in the previous year.

Argentina - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate7.1  7.3  7.1  8.4  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 Rate56.010.45 %Sep 04
Stock Market24,6652.26 %Sep 04

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