Argentine President Alberto Fernández Monday released a recorded Labor Day message in which he praised his administration for achieving the lowest unemployment in decades. There are also many provinces having full employment, he added.
Argentina's Gross Domestic Product (GDP - the sum of all products and services traded) grew by 5.2% in 2022, a 1.9% improvement from 2021, the National Institute of Statistics and Census (Indec) reported Thursday in a study that also showed that last year's fourth quarter GDP was 1.9% higher than that of the same period of 2021, but 1.5% below the third quarter of 2022.
Unemployment in Argentina in the third quarter of 2022 was 7.1%, according to a National Institute of Statistics and Census (Indec) report released Wednesday.
Unemployment in Chile stood at 8.0 % in the August-October 2022 mobile quarter, according to a report from the National Statistics Institute (INE) released Tuesday, which represented no substantial changes from the previous three months.
According to the Quarterly Continuous National Household Sample Survey (PNAD) released Thursday by Brazil's Institute of Geography and Statistics (IBGE), the unemployment rate in the third quarter of this year went down from 9.3% to 8.7% overall from the previous quarter, thanks to drops in six states: Paraná (-0.8 %), Minas Gerais (-0.9 %), Maranhão (-1.1%), Acre (-1.8%), Ceará (-1.8%) and Rondônia (-1.9%).
According to a report from Brazilian economic authorities released Wednesday, South America's largest country generated around 278,000 new formal jobs in September this year.
Unemployment in South America's largest country has dropped to 8.9% in the quarter ending in August, following a 0.9 decrease that month, according to a study published Friday by the Brazilian Institute of Geography and Statistics (IBGE).
United Kingdom unemployment rate fell to its lowest level since 1974 in the three months to July, latest official figures show. The jobless rate fell to 3.6% over the period, according to the Office for National Statistics (ONS).
Argentina's Economy Minister Sergio Massa said Thursday during an event at the Council of the Americas that unemployment had fallen to 6.7%. He added that his country had an enormous amount of resources, but it was not rich, although it was full of rich people.
Chile's National Institute of Statistics (INE) Wednesday released a report showing a 7.8% unemployment rate for the March/May 2022 quarter, a 0.1% turn for the worse when compared to the February-April period, although, overall, nearly 96% of the jobs lost during the COVID-19 pandemic have been recovered.