The unemployment rate in Argentina came at 6.9 percent in the second quarter of 2022, moderately improving from the previous quarter’s 7.0 percent. It was the lowest jobless rate since the third quarter of 2015 (5.9 percent), with the total employment rate increasing from 43.6 percent in the previous quarter to 44.6 percent, up from 42.9 percent in Q2 of 2021. Employment rates in trade and construction increased notably from 7.8 percent to 8.5 percent and 3.6 percent to 4.0 percent, respectively. source: Instituto Nacional de Estadística y Censos (INDEC)

Unemployment Rate in Argentina averaged 9.47 percent from 2002 until 2022, 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. This page provides - Argentina Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Argentina Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on December of 2022.

Unemployment Rate in Argentina is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Argentina Unemployment Rate is projected to trend around 8.00 percent in 2023, according to our econometric models.

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Argentina Unemployment Rate



Calendar GMT Actual Previous Consensus TEForecast
2022-06-23 07:00 PM Q1 7% 7% 8.5%
2022-09-21 07:00 PM Q2 6.9% 7.0% 6.5%
2022-12-16 07:00 PM Q3 6.9% 7.8%


Related Last Previous Unit Reference
Unemployment Rate 6.90 7.00 percent Jun 2022
Unemployed Persons 957.00 943.00 Thousand Jun 2022
Employed Persons 12933.00 12584.00 Thousand Jun 2022
Employment Rate 44.60 43.30 percent Jun 2022
Labor Force Participation Rate 47.90 46.50 percent Jun 2022
Wages in Manufacturing 2781.74 2537.70 points Sep 2016
Population 45.81 45.38 Million Dec 2021

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.
Actual Previous Highest Lowest Dates Unit Frequency
6.90 7.00 20.80 5.90 2002 - 2022 percent Quarterly

News Stream
Argentina Unemployment Falls to Historic Low
The unemployment rate in Argentina came at 6.9 percent in the second quarter of 2022, moderately improving from the previous quarter’s 7.0 percent. It was the lowest jobless rate since the third quarter of 2015 (5.9 percent), with the total employment rate increasing from 43.6 percent in the previous quarter to 44.6 percent, up from 42.9 percent in Q2 of 2021. Employment rates in trade and construction increased notably from 7.8 percent to 8.5 percent and 3.6 percent to 4.0 percent, respectively.
2022-09-21
Argentina Unemployment Rate Remains Lowest Since 2016
The unemployment rate in Argentina stood at a 6-year low of 7 percent in the first quarter of 2022, same as that of the previous quarter. The number of unemployed edged down by 4 thousand to 943 thousand and employed fell by 60 thousand 12,584 thousand. Also, the employment rate inched down to 43.3 percent from 43.6 percent in Q4 and the labour force participation rate reduced to 46.5 percent from 46.9 percent. A year ago, the jobless rate was higher at 10.2 percent.
2022-06-23
Argentina Unemployment Rate Falls to Over 6-Year Low
The unemployment rate in Argentina fell to 7 percent in the fourth quarter of 2021 from 8.2 percent in the previous period and well below market expectations of 8.5 percent. It was the lowest jobless rate since the third quarter of 2016, as the number of unemployed fell by 166 thousand to 947 thousand while employment rose by 240 thousand 12,644 thousand. Meantime, the employment rate increased to 43.6 percent from 42.9 percent in Q3; and the labor force participation rate up to 46.9 percent from 46.7 percent. A year ago, the jobless rate was higher at 11 percent.
2022-03-23