Argentina’s unemployment rate fell to 6.4% in Q4 2024, the lowest since Q4 2023. Employment rose to 45.7%, and labor force participation increased to 48.8%.

Argentina’s unemployment rate has declined to 6.4% in the fourth quarter of 2024, a decrease from 6.9% in the preceding period. This marks the lowest unemployment rate recorded since the fourth quarter of 2023. Additionally, the employment rate rose to 45.7%, up from 45.0% in the previous quarter. Correspondingly, the labor force participation rate also saw an increase, moving up to 48.8% from 48.3%.

In summary, Argentina has experienced a significant reduction in its unemployment rate, which now stands at 6.4%. Alongside this, both the employment and labor force participation rates have shown positive performance, indicating an encouraging trend in the country’s job market.

Original Source: www.tradingview.com