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According to Argentina’s two tier statistics system unemployment fell to 8.4%

Thursday, January 21st 2010 - 12:17 UTC
Full article 4 comments

Argentine President Cristina Fernández de Kirchner announced Wednesday the unemployment rate had fallen from 9.1% to 8.4% in the last quarter of 2009. Read full article

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  • exocet82

    “The announcement was made during a rally in Bariloche, province of Río Negro. ”
    Not a rally you deviates. The Inauguration of INVAP's new facility. Where they will be building the satellites that will look down to see what you do in your yard.

    2008 commercial surplus was US$ 16.591 BIn
    Télam. National news agency of Argentina. January 20, 2010.- President Cristina Fernandez de Kirchner announced that: “This year we have achieved the highest commercial surplus in our history“. In addition to this, she informed that last year ended with 8,4 per cent unemployment. This was as she headed the opening ceremony of the INVAP site in Bariloche.

    ”In the most difficult year of world economic history, at least since 1930 to date, we maintained our level of activity, not the same 7 or 8 per cent rate of growth but we have achieved this year the highest commercial surplus in our history with U$S 16.591 BIn”, said the President in the city of Bariloche where she declared the new INVAP building opened.

    Cristina Fernández de Kirchner remarked that this result was achieved “based on management and organization , outdoing last year's record which had been record in exports and commercial surplus”, with US$ 12.500 BIn profit and just over US$ 70 BIn in sales.

    POLITICS
    Cristina: “We are building a satellite alongside NASA”
    Télam. National news agency of Argentina. January 20, 2010.- San Carlos de Bariloche. President Cristina Fernández de Kirchner has stated that the first part of the work which opens today at the site of Argentina’s INVAP “has been financed 70 per cent by means of State funds and 30 per cent with their own resources”. “For those who do not know this, here we are today Argentineans building alongside NASA a satellite which shall measure the celerity of the oceans”, said Cristina as she headed the opening ceremony at the Bariloche site of INVAP.

    President Cristina Fernández de Kirchner remarked today that “Argentines have already been through too many failures” which is why “we need to build trust in the country, this trust that our scientists and technicians have recovered”. “ I am proud and happy to share these achievements which are not an administration's but they are the achievements of a country”.

    She also remarked that “we have achieved a higher surplus” than last year and said that unemployment in the last quarter of 2009 was “8,4 per cent, a 0,6 per cent less than the previous quarter which was 9,1”. “This means we have registered the best employment level in the last 30 years”, emphasized the President, as she declared open the new site of the Rio Negro State Technology company INVAP.

    In addition to this, the Head of State remarked that “Argentines have already been through too many failures” which is why “we need to build trust in the country, this trust that our scientists and technicians have recovered”.

    Jan 21st, 2010 - 01:22 pm - Link - Report abuse 0
  • welkin

    hey, don´t forget that these numbers were achieved despitethe worst droght in decades; soybean crop was only around 30 millons tons; 2010 soybean crop will be around 52 millon tons.
    keep growing argentina.

    Jan 21st, 2010 - 10:02 pm - Link - Report abuse 0
  • exocet82

    RIGHT ON BRO WELKIN!

    Jan 22nd, 2010 - 12:44 pm - Link - Report abuse 0
  • Bubba

    What is the definition of “two tier”? One is real and one is what she wished it would be?
    According to these sources the “cosmetics” of the surplus was swollen by including an IMF contribution and the payments into the nationalized private pension funds, taken over by the Kirchner administration. If these two factors had not been included, “surplus would have turned into a deficit of 8.170 million pesos”.

    Jan 25th, 2010 - 08:30 pm - Link - Report abuse 0

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