Employment plummets in 2025 as economy rises due to more informal work |
Unemployment in Argentina went up to 7.5% in the last quarter of 2025. The number is 1.1 percentage points higher than the same period of 2024 and almost 2 points above late 2023, a new report by Argentina’s statistics institute INDEC revealed.
The figure is in contrast with the growth of economic activity and GDP, which is estimated to have increased by 4.4% in 2025, according to INDEC data.
Experts say that this is explained by an increasing number of people looking for jobs to make up for low income. The latest INDEC report shows that there was an increase in informal jobs.
La diferencia en la evolución de la actividad y el empleo registrado sigue siendo impactante👇........