Argentina’s unemployment rate increased to 6.4% in the fourth quarter, up from 5.7% a year earlier, marking a fourth consecutive quarterly rise.
According to Argentina’s official statistics agency, the unemployment rate rose to 6.4% in the fourth quarter, an increase from 5.7% during the same period last year. This marks the fourth consecutive quarter in which the unemployment rate has risen compared to the previous year, indicating ongoing challenges within the labor market.
In summary, Argentina is experiencing a troubling trend in unemployment, as rates have increased for four consecutive quarters, reaching 6.4% in the latest quarter compared to 5.7% a year prior. This situation highlights persisting economic difficulties for the country.
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