Unemployment Rate in Argentina decreased to 10.20 percent in the first quarter of 2021 from 11 percent in the fourth quarter of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Unemployment Rate in Argentina averaged 9.56 percent from 2002 until 2021, reaching an all time high of 20.80 percent in the fourth quarter of 2002 and a record low of 5.90 percent in the third quarter of 2015. This page provides - Argentina Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Unemployment Rate in Argentina is expected to be 11.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Argentina to stand at 10.80 in 12 months time. In the long-term, the Argentina Unemployment Rate is projected to trend around 9.50 percent in 2022 and 9.20 percent in 2023, according to our econometric models.

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Argentina Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
10.20 11.00 20.80 5.90 2002 - 2021 percent Quarterly


Calendar GMT Actual Previous Consensus TEForecast
2020-09-23 07:30 PM Q2 13.1% 10.4% 11%
2020-12-17 07:00 PM Q3 11.7% 13.1% 13.6%
2021-03-25 07:00 PM Q4 11.0% 11.7% 12%
2021-06-24 07:00 PM Q1 10.2% 11.0% 12%
2021-09-23 07:30 PM Q2 10.2%
2021-12-17 07:00 PM Q3
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Argentina Jobless Rate Falls to Pre-Pandemic Level
The unemployment rate in Argentina dropped to 10.2 percent in the first quarter of 2021 from 11.0 percent in the previous period, declining for the third consecutive quarter to levels not seen since the last quarter of 2019. The number of unemployed fell by 63 thousand to 1,355 thousand while employment increased by 458 thousand to 11,982. A year ago, the jobless rate stood at 10.4 percent.
2021-06-24
Argentina Unemployment Rate Falls to 11%
The unemployment rate in Argentina declined to 11 percent in the fourth quarter of 2020 from 11.7 percent in the previous period, declining for the second quarter after hitting in Q2 the highest jobless rate since the third quarter of 2004, as the economy continues to recover from the coronavirus pandemic. The number of unemployed increased by 3 thousand to 1418 thousand while employment increased by 866 thousand to 11,524. By region, unemployment in Gran Buenos Aires was the highest at 12.6 percent, followed by Pampeana (11.1 percent), Cuyo (8.4 percent), Noroeste (7.2 percent), Patagonia (7.2 percent), and Noreste (5.8 percent). The underemployment rate jumped to 15.1 percent from 13.4 percent in the prior quarter. A year ago, the jobless rate stood at 13.1 percent.
2021-03-25
Argentina Unemployment Rate Drops to 11.7%
The unemployment rate in Argentina declined to 11.7 percent in the third quarter of 2020 from 13.1 percent in the previous period, declining from the highest jobless rate since the third quarter of 2004, as the economy began to recover from the coronavirus pandemic. The number of unemployed declined by 21 thousand to 1415 thousand while employment increased by 1,112 thousand to 10,658. By region, unemployment in Gran Buenos Aires was the highest at 13.8 percent, followed by Pampeana (11.2 percent), Noroeste (8.6 percent), Noreste (7.3 percent), Cuyo (7.0 percent), and Patagonia (6.5 percent). The underemployment rate jumped to 13.4 percent from 9.6 percent in the prior quarter. A year ago, the jobless rate was lower at 9.7 percent.
2020-12-17
Argentina Jobless Rate Highest Since 2004
The unemployment rate in Argentina jumped to 13.1 percent in the second quarter of 2020 from 10.4 percent in the previous period. It was the highest jobless rate since the third quarter of 2004, as the coronavirus pandemic hit the labour market. The number of unemployed climbed by 43 thousand to 1437 thousand while employment dropped by 2455 thousand to a 15-year low of 9546. By region, unemployment in Gran Buenos Aires was the highest at 13.2 percent, followed by Pampeana (16.7 percent), Cuyo (11.4 percent), Patagonia (10 percent), Noroeste (9.1 percent), and Noreste (7.2 percent). The underemployment rate declined to 9.6 percent from 11.7 percent in the prior quarter. A year ago, the jobless rate was lower at 10.6 percent.
2020-09-23

Argentina Unemployment Rate
In Argentina, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.