Argentina: Indec finds unemployment on the rise

Argentina: Indec finds unemployment on the rise

Unemployment in Argentina in the last quarter of 2024 rose to 6.4%, up 0.7 points from 5.7% in Q4 2023, but down 0.5 points from Q3 2024 (6.9%), the National Institute of Statistics and Census (Indec) said in a report released Thursday. Joblessness was higher in the Greater Buenos Aires area (7.1%) and lower in Patagonia (4%) while more women (6.9%) than men (6.1%) were going through that plight.

As reported by Indec this Thursday. It implies an increase over the same quarter of the previous year (5.7%) and an improvement over the third (6.9%). Which sectors were most affected according to the government.

The data of December 2024 shows that the registered public or private work was almost always below 2023. The rate of destruction is never seen. With the information provided by the Ministry of Human Capital, updated to December, and taking the data with seasonality (observing the variations resulting from [...] The entry In the State or in the market, the registered work continues to collapse was first published in Pausa.

After the sharp drop in activity and the worsening of poverty indicators in the first half of 2024, Argentina ended the year in a more positive situation - not without the risk of relapse, however. Read more (03/22/2025)

Unemployment reached 6.4%. There was an annual rise in the last quarter of 2024. It implies that 1.5 million Argentines were unemployed. Unemployment reached 6.4% in the fourth quarter of 2024 in the 31 urban agglomerates, which implies a rise of 0.7 percentage points (p.p.) compared to the same period last year, when it reached 5.7%, according to the National Institute of Statistics and Censuses (INDEC). Extrapolated to the total of Argentines,…

This Saturday the report of the Laboratorio de Desarrollo Sectorial y Territorial de la Facultad de Ciencias Económicas de la Universidad Nacional de La Plata was published, which deals with economic activity in the Buenos Aires capital. In this sense, the fall in economic activity was 3.2% in the fourth quarter of 2024 with respect to the same period of the previous year.