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Financial News: ARGENTINA: Unemployment Rate Falls 0.7 Pp In 4Q17

ARGENTINA: Unemployment Rate Falls 0.7 Pp In 4Q17 To 7.2%

03/20/2018 - 19:41:00 (RTTNews)

(RTTNews) - Argentina's jobless rate fell 0.7 percentage points (pp) in the fourth quarter of 2017 from the previous quarter, to 7.2% of the economically active population, said the country's statistics office (Indec).

The employment rate rose to 43.0%, from 42.4% in the previous quarter, while activity rate rose slightly, to 46.4%, from 46.3% in the third quarter of 2017.

According to the Indec, data from previous quarters are not available, and the institute assesses that the series published after the first quarter of 2007 and up to the fourth quarter of 2015 should be considered with reservations.

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