Fourth quarter unemployment in Argentina down to 7.3%, says Indec

Wednesday, February 23rd 2011 - 06:45 UTC

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Argentina's unemployment rate fell to 7.3% in the fourth quarter of 2010, according to a Tuesday release from the country’s national statistics institute, Indec. Argentine President Cristina Fernandez de Kirchner had announced the number informally in a speech last week. Read full article

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Forgetit87
Argentina's main growth engine is domestic demand. Current account surplus equals less than 2% of GDP, which means external trade is not very important for the Argentine economy. Moreover, Argentina has a trade deficit with Brazil, which means commerce with that country does more to hamper than to aid growth in Argentina. Get your facts right, o dumb little journal.
Feb 23rd, 2011 - 09:13 am - Link - Report abuse 0
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xbarilox
I love the way you lie!

http://www.youtube.com/watch?v=udV4ziYKEEg
Feb 24th, 2011 - 02:53 am - Link - Report abuse 0
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Suguler
Inflation is a problem but economic growth is excellent (contrast that with the ghastly state of the UK economy, which has crap growth AND rising inflation).
Feb 24th, 2011 - 12:23 pm - Link - Report abuse 0
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