Labor Force Participation Rate in Argentina increased to 45 percent in the fourth quarter of 2020 from 42.30 percent in the third quarter of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Labor Force Participation Rate in Argentina averaged 45.73 percent from 2010 until 2020, reaching an all time high of 47.70 percent in the second quarter of 2019 and a record low of 38.40 percent in the second quarter of 2020. This page provides - Argentina Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Labor Force Participation Rate - values, historical data and charts - was last updated on May of 2021.

Labor Force Participation Rate in Argentina is expected to be 39.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Argentina to stand at 42.00 in 12 months time. In the long-term, the Argentina Labor Force Participation Rate is projected to trend around 44.00 percent in 2022 and 46.00 percent in 2023, according to our econometric models.

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Argentina Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
45.00 42.30 47.70 38.40 2010 - 2020 percent Quarterly

Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.00 11.70 20.80 5.90 percent [+]
Employed Persons 11524.00 10658.00 12240.00 8339.00 Thousand [+]
Unemployed Persons 1418.00 1415.00 3406.25 709.00 Thousand [+]
Employment Rate 40.10 37.40 43.40 33.40 percent [+]
Labor Force Participation Rate 45.00 42.30 47.70 38.40 percent [+]
Wages 79311.00 78728.00 102567.00 913.00 ARS/Month [+]
Minimum Wages 24408.00 23544.00 24408.00 0.00 ARS/Month [+]
Population 45.38 44.94 45.38 20.68 Million [+]
Wage Growth 3.96 5.14 8.54 -0.24 percent [+]


Argentina Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.