Unemployment in Argentina drops from 11.7% to 8.2% in the third quarter of 2021

The unemployment rate It fell in Argentina to 8.2% in the third quarter, a drop of 3.5 percentage points compared to the 11.7% registered a year ago, the National Institute of Statistics and Censuses (Indec) reported on Tuesday.

Unemployment fell by 1.4 percentage points compared to the 9.6% measured in the second quarter of this year, Indec added.

“The unemployment rate is lower than before the crisis due to the Covid-19 pandemic and is also below the averages of 2019 (9.8%), 2018 (9.2%) and 2017 (8.4%),” said the party official.

The Argentine economy It will grow by 10% this year, according to the government, almost in line with the 9.7% estimates of more than 40 institutes, banks and private consulting firms included in the Central Bank’s monthly survey.



Reference-www.eleconomista.com.mx

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