The unemployment rate in Argentina fell to 9.0 percent in the third quarter of 2018 from 9.6 percent in the second quarter. Compared to the same quarter of last year, the jobless rate climbed from 8.3 percent. By region, unemployment in Gran Buenos Aires was the highest at 10.5 percent, followed by Pampeana (8.8 percent), Noroeste (6.6 percent), Patagonia (5.6 percent), Cuyo (4.7 percent), and Noreste (4.0 percent).The underemployment rate jumped to 11.8 percent (vs 11.2 percent in Q2). Unemployment Rate in Argentina averaged 9.41 percent from 2002 until 2018, reaching an all time high of 20.80 percent in the fourth quarter of 2002 and a record low of 5.90 percent in the third quarter of 2015.

Unemployment Rate in Argentina is expected to be 8.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Argentina to stand at 9.00 in 12 months time. In the long-term, the Argentina Unemployment Rate is projected to trend around 8.40 percent in 2020, according to our econometric models.

Argentina Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-20 07:00 PM Unemployment Rate 7.2% 8.3% 7.4%
2018-06-21 07:00 PM Unemployment Rate 9.1% 7.2% 7.0%
2018-09-20 07:00 PM Unemployment Rate 9.6% 9.1% 9.4%
2018-12-18 07:00 PM Unemployment Rate 9.0% 9.6% 9.6%
2019-03-21 07:00 PM Unemployment Rate 9.0% 8.10%
2019-06-19 07:00 PM Unemployment Rate 9.20%
2019-09-19 07:00 PM Unemployment Rate 9.40%


Argentina Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.00 9.10 20.80 5.90 percent [+]
Employed Persons 11822.00 11642.00 16100.01 10560.47 Thousand [+]
Unemployed Persons 1168.00 1239.00 3406.25 709.00 Thousand [+]
Employment Rate 42.50 41.90 43.40 36.30 percent [+]
Labor Force Participation Rate 46.70 46.40 46.90 44.50 percent [+]
Wages 33590.00 31898.00 42513.00 913.00 ARS/Month [+]
Minimum Wages 11300.00 11300.00 11300.00 0.00 ARS/Month [+]
Population 44.05 43.59 44.05 20.68 Million [+]
Living Wage Family 14400.00 12200.00 14400.00 10300.00 ARS/Month [+]
Living Wage Individual 10400.00 8560.00 10400.00 6550.00 ARS/Month [+]
Wages High Skilled 20500.00 19500.00 20500.00 13300.00 ARS/Month [+]
Wages Low Skilled 10500.00 10200.00 10500.00 6250.00 ARS/Month [+]
Wage Growth 3.83 2.34 6.33 0.74 percent [+]


Argentina Unemployment Rate

In Argentina, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Argentina Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on January of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
9.00 9.10 20.80 5.90 2002 - 2018 percent Quarterly




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.60 Nov/18
Turkey 11.60 Oct/18
Italy 10.50 Nov/18
France 9.10 Sep/18
Argentina 9.00 Sep/18
Euro Area 7.90 Nov/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Dec/18
Indonesia 5.34 Sep/18
Australia 5.10 Nov/18
Russia 4.80 Nov/18
United Kingdom 4.00 Nov/18
United States 3.90 Dec/18
China 3.80 Dec/18
South Korea 3.80 Dec/18
Netherlands 3.60 Dec/18
India 3.52 Dec/17
Mexico 3.40 Dec/18
Germany 3.30 Nov/18
Switzerland 2.70 Dec/18
Japan 2.50 Nov/18
Singapore 2.10 Sep/18


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