Argentina’s unemployment rate fell to 6.4% in Q4 2024, its lowest since Q4 2023. The employment rate increased to 45.7%, and the labor force participation rate rose to 48.8%.
In the fourth quarter of 2024, Argentina’s unemployment rate significantly decreased to 6.4%, a notable decline from 6.9% in the third quarter. This figure represents the lowest unemployment rate recorded since the fourth quarter of 2023. Additionally, the employment rate has risen to 45.7%, an increase from 45.0% in the preceding quarter. Furthermore, the labor force participation rate also saw an improvement, climbing to 48.8% from 48.3%.
The downward trend in Argentina’s unemployment rate to 6.4% indicates a positive shift in the labor market, accompanied by increases in both the employment rate and labor force participation. These statistics reflect an improving economic environment and suggest the potential for continued growth moving forward.
Original Source: www.tradingview.com
