The National Statistics and Census Institute (INDEC) has released its figures for the unemployment level in the third quarter of 2014, showing that 7.5 percent of the population were looking for work.
The figure is 0.8 percent higher than the same period in 2013, where 6.7 percent of the working age population were classified as unemployed by the state-run statistics bureau. Under-employment, meanwhile, affected 9.2 percent of those in the labour market, compared to 8.7 percent in last year’s third quarter.
Compared to 2014’s second quarter, meanwhile, the jobless rate remained unchanged while those under-employed actually decreased, from 9.4 percent in April-June.
The INDEC data, carried out by surveying 31 major urban centres across Argentina, also showed large disparities in unemployment rates between distinct provinces. Resistencia, Chaco, boasted one of the lowest percentages of people seeking work at just 0.2 percent, while at the other end of the scale in Greater Córdoba no less than 11.6 percent were unemployed, with a further 13.1 percent reporting that the work they had was insufficient.
In Greater Buenos Aires, the total jobless numbered 7.9 percent: 5.5 percent of City residents were affected, compared 8.7 percent of those who lived in the area of the metropolis administered by Buenos Aires province.
Source: Buenos Aires Herald