The unemployment rate in Argentina was at 7.1 percent in the third quarter of 2022, increasing slightly from the seven-year low of 6.9 percent in the previous period but below market expectations of 7.2%. Meanwhile, the employment rate decreased to 44.2 percent from 44.6 in the second quarter, and the labor force participation rate dropped to 47.6 percent from 47.9 percent. Employment rates in trade eased to 8.4 percent from 8.5 percent, and that in manufacturing industries fell to 5 percent from 5.2 percent. source: Instituto Nacional de Estadística y Censos (INDEC)

Unemployment Rate in Argentina averaged 9.41 percent from 2002 until 2022, 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 February of 2023.

Unemployment Rate in Argentina is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations.

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Argentina Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-09-21 07:00 PM Q2 6.9% 7.0% 6.5%
2022-12-21 07:00 PM Q3 7.1% 6.9% 7.2% 7.4%
2023-03-22 07:00 PM Q4 7.2%


Related Last Previous Unit Reference
Unemployment Rate 7.10 6.90 percent Sep 2022
Unemployed Persons 989.00 957.00 Thousand Sep 2022
Employed Persons 12922.00 12933.00 Thousand Sep 2022
Employment Rate 44.20 44.60 percent Sep 2022
Labor Force Participation Rate 47.60 47.90 percent Sep 2022
Wages in Manufacturing 2781.74 2537.70 points Sep 2016
Population 45.81 45.38 Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
7.10 6.90 20.80 5.90 2002 - 2022 percent Quarterly

News Stream
Argentina Unemployment Rate Rises Less than Expected in Q3
The unemployment rate in Argentina was at 7.1 percent in the third quarter of 2022, increasing slightly from the seven-year low of 6.9 percent in the previous period but below market expectations of 7.2%. Meanwhile, the employment rate decreased to 44.2 percent from 44.6 in the second quarter, and the labor force participation rate dropped to 47.6 percent from 47.9 percent. Employment rates in trade eased to 8.4 percent from 8.5 percent, and that in manufacturing industries fell to 5 percent from 5.2 percent.
2022-12-21
Argentina Unemployment Falls to Historic Low
The unemployment rate in Argentina came at 6.9 percent in the second quarter of 2022, moderately improving from the previous quarter’s 7.0 percent. It was the lowest jobless rate since the third quarter of 2015 (5.9 percent), with the total employment rate increasing from 43.6 percent in the previous quarter to 44.6 percent, up from 42.9 percent in Q2 of 2021. Employment rates in trade and construction increased notably from 7.8 percent to 8.5 percent and 3.6 percent to 4.0 percent, respectively.
2022-09-21
Argentina Unemployment Rate Remains Lowest Since 2016
The unemployment rate in Argentina stood at a 6-year low of 7 percent in the first quarter of 2022, same as that of the previous quarter. The number of unemployed edged down by 4 thousand to 943 thousand and employed fell by 60 thousand 12,584 thousand. Also, the employment rate inched down to 43.3 percent from 43.6 percent in Q4 and the labour force participation rate reduced to 46.5 percent from 46.9 percent. A year ago, the jobless rate was higher at 10.2 percent.
2022-06-23