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Financial News: ARGENTINA: Unemployment Rate Falls 0.5 Pp In 2Q17,

ARGENTINA: Unemployment Rate Falls 0.5 Pp In 2Q17, To 8.7%

09/21/2017 - 23:28:00 (RTTNews)

(RTTNews) - Argentina's unemployment rate fell by 0.5 percentage point (pp), to 8.7% of the economically active population, in the second quarter of the year when compared to the immediately previous quarter, said the country's statistics office, known as Indec.

Regarding employment and activity rates, on the same basis of comparison, the Indec recorded 52.4% and 57.4% in the second quarter of 2017, respectively. In the immediately previous quarter, the employment rate was at 52.0%, and activity at 57.2%.

Indec's data were released in its Permanent Household Survey, which aims at estimate the sociodemographic and socioeconomic characteristics of the Argentinean population.

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