Labor Force Participation Rate in Argentina increased to 42.30 percent in the third quarter of 2020 from 38.40 percent in the second quarter of 2020. source: Instituto Nacional de Estadística y Censos (INDEC)

Labor Force Participation Rate in Argentina averaged 45.75 percent from 2010 until 2020, reaching an all time high of 47.70 percent in the second quarter of 2019 and a record low of 38.40 percent in the second quarter of 2020. This page provides - Argentina Labor Force Participation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Labor Force Participation Rate - values, historical data and charts - was last updated on February of 2021.

Labor Force Participation Rate in Argentina is expected to be 38.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Argentina to stand at 40.00 in 12 months time. In the long-term, the Argentina Labor Force Participation Rate is projected to trend around 41.00 percent in 2021 and 44.00 percent in 2022, according to our econometric models.

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Argentina Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
42.30 38.40 47.70 38.40 2010 - 2020 percent Quarterly

Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 11.70 13.10 20.80 5.90 percent [+]
Employed Persons 10658.00 9546.00 12240.00 8339.00 Thousand [+]
Unemployed Persons 1415.00 1437.00 3406.25 709.00 Thousand [+]
Employment Rate 37.40 33.40 43.40 33.40 percent [+]
Labor Force Participation Rate 42.30 38.40 47.70 38.40 percent [+]
Wages 61221.00 84967.00 84967.00 913.00 ARS/Month [+]
Minimum Wages 20587.50 20587.50 20587.50 0.00 ARS/Month [+]
Population 44.94 44.50 44.94 20.68 Million [+]
Wage Growth 1.60 2.64 8.54 -0.24 percent [+]


Argentina Labor Force Participation Rate
The labour force participation rates is the number of persons who are employed and unemployed but looking for a job divided by the total working-age population.