Unemployment was 6.9% of the active population during the first quarter of 2023 and there are one million unemployed people, INDEC reported.
In the first quarter of 2022 unemployment had been 7% while in the October-December period of that year it had yielded 6.3%.
Among salaried people, there are 3.6 million who do not receive retirement contributions.
For its part, the underemployment rate -people who would like to work longer- was 9.4%.
Meanwhile, the activity rate – which measures the economically active population (EAP) over the total population – reached 48.3%.
For its part, the employment rate -which measures the proportion of employed persons in relation to the total population- stood at 45%.
— INDEC Argentina (@INDECArgentina) June 22, 2023