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MercoPress, en Español

Montevideo, April 26th 2025 - 08:51 UTC

Tag: Unemployment

  • Friday, March 21st 2025 - 09:32 UTC

    Argentina: Indec finds unemployment on the rise

    The lagging dollar has economic activities stagnating. Milei desperately needs a new loan from the IMF to boost the economy

    Unemployment in Argentina in the last quarter of 2024 rose to 6.4%, up 0.7 points from 5.7% in Q4 2023, but down 0.5 points from Q3 2024 (6.9%), the National Institute of Statistics and Census (Indec) said in a report released Thursday. Joblessness was higher in the Greater Buenos Aires area (7.1%) and lower in Patagonia (4%) while more women (6.9%) than men (6.1%) were going through that plight.

  • Friday, February 21st 2025 - 09:45 UTC

    Paraguayan President celebrates drop in unemployment

    “In one year and 4 months of management we created in Paraguay 100,000 new jobs,” Peña underlined

    Paraguayan President Santiago Peña Thursday celebrated the creation of over 96,000 new jobs since the start of his administration, according to a study from the National Institute of Statistics (INE) released in Asunción which showed a significant increase from the third quarter of 2023 to the fourth quarter of 2024, with major growth in commerce, restaurants, hotels, community services, and construction sectors.

  • Saturday, November 30th 2024 - 10:39 UTC

    Sharp fall in unemployment in Brazil

    Marinho said that high interest rates have contributed to the slowdown in job creation

    According to the latest issue of Brazil's Institute of Geography and Statistics (IBGE) Household Sample Survey, unemployment stood at 6.2% in the quarter ending last month, Agencia Brasil reported. It was the lowest mark since the measurement began being tracked in 2012. The previous quarter, ending in July, had a rate of 6.8%, while in the same quarter last year, ending in October, the rate stood at 7.6%.

  • Friday, November 1st 2024 - 10:23 UTC

    Brazil: Unemployment down in 3Q

    Only in December 2013 was unemployment lower since these measurements started in 2012

    According to a report from Brazil’s Institute of Geography and Statistics (IBGE) released Thursday, unemployment in South America's largest country fell to 6.4 % in the third quarter of 2024 (from July to September), Agencia Brasil reported. These figures are 0.5 percentage points lower than between April and June, when it stood at 6.9%. Compared to July–September 2023, the drop is 1.3 percentage points. In that quarter, the rate was 7.7%.

  • Thursday, September 26th 2024 - 10:34 UTC

    Slight increase in Uruguay's unemployment reported

    Uruguay created more jobs but even more people were looking for work, the INE found. Photo: Sebastián Astorga

    According to a report from Uruguay's National Statistics Institute (INE) released in Montevideo Wednesday, unemployment in the South American country stood at 8.4% of the economically active population in August, which represented a slight setback from July's 8.3%.

  • Friday, September 20th 2024 - 09:34 UTC

    Unemployment keeps growing in Argentina

    Consumption was also reported to have decreased significantly

    According to a report from Argentina's National Institute of Statistics and Census (Indec), unemployment in the South American country reached 7.6 % in the second quarter of 2024. The figures were consistent with the 7.7% recorded in the previous trimester but represented a sharp interannual deterioration from the 6.2% during the same period of 2023.

  • Saturday, June 29th 2024 - 09:28 UTC

    Brazil: Dollar soars, unemployment falls

    The last working day of the semester is marked by strong demand for dollars from multinationals sending profits abroad

    The economy in South America's largest country is taking a shaky turn as Friday's figures would indicate. The exchange rate between the local real (R$) and the US dollar (US$) went up 15.15% over the past six months, closing at US$ 1 = R$ 5.58 while the Stock market fell 0.32% for a 1.49% monthly gain. On the brighter side, unemployment in the quarter ending in May stood at 7.1%, according to Brazil's Institute of Geography and Statistics (IBGE), a considerable improvement from February's 7.8% and the yoy 8.3%.

  • Wednesday, June 5th 2024 - 20:53 UTC

    Uruguay's interannual inflation stands at 4.1% in May

    Gasoline rose 1.95% on average, the INE found

    Uruguay's National Statistics Institute (INE) released a report Wednesday in Montevideo showing that the Consumer Price Index (CPI) went up 0.4% in May for an accumulated 3.25% in 2024 and a 4.1% yoy. In May 2023, inflation for the previous 12 months amounted to 7.1%.

  • Friday, April 26th 2024 - 20:59 UTC

    Thousands of layoffs feared in Argentina next month

    The number of Industrial SMEs has remained unchanged for quite a while amid an increase in population, Rosato warned

    Argentine SMEs fear a wave of sackings in the coming days due to President Javier Milei's policies which may have been somewhat successful at curbing inflation but at a cost. The Industriales Pymes Argentinos (IPA) chamber released a report saying that some 17,000 jobs had been lost since Milei took office on Dec. 10, 2023, and further suspensions and layoffs appear on May's radar.

  • Tuesday, December 26th 2023 - 10:55 UTC

    Impending job losses to deepen Argentina's crisis in the short run

    Impending job losses to deepen Argentina's crisis in the short run

    The administration of President Javier Milei is planning not to renew the contracts of some 7,000 state workers, which would add to the hardships many Argentine families are going through amid deep reforms to recover from the country's current crisis, it was reported in Buenos Aires.

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