The Economy Minister celebrated the rise in the employment rate as a result of the positive effect of the industry data for February. “It’s no coincidence that unemployment is the second lowest in the last 20 years,” he said on Twitter.
The Minister of EconomySergio Massa, highlighted the positive impact generated by industrial growth and the effects to stabilize the economy. The owner’s comments Treasury Palace they went through his account in Twitter this Sunday. “In February the industry grew again and the first two months of the year achieved its highest production level in five years,” he said on the networks.
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Positive data for the industry in February
Thus, Massa ratified the “commitment to stabilize the economy by supporting the level of activity of companies and the work of Argentines and Argentines”he added in another of the messages he published this afternoon.
The statements of the Economy Minister They were after the advance index of industrial activity, prepared by the Center for Production Studies (CEPXXI) of the Ministry of Industry, was released. There another positive month was reported, where industrial production grew 0.5% year-on-year in February after registering a 6.3% rise in Januaryand reached the highest production for a first two-month period in five years.
“It is no coincidence, then, that unemployment is the second lowest in the last 20 years and that the employment rate is the highest since at least 2003”, said the Minister. And he added: “That means that today there are 1.3 million more people with work than in 2019,” he wrote in the thread of Twitter.
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Massa ratified the course of the economy
This wayindustrial production grew 0.5% year-on-year in February, 10.1% compared to the same month in 2019 and also registered a monthly growth of 0.6% without seasonalityaccumulating two months of consecutive growth.
Meanwhile, in the first month of the year the industrial activity grew 6.3% compared to the same month of 2022with which the month “ranked as the second most active January of the entire series”, highlighted the CEPXXI. January too it grew 0.7% compared to December without seasonality.
Finally, Massa reflected: “We had a time of unprecedented difficulties: forAndemic, war and now the biggest drought in a centurybut we do not stop for a minute in the effort to stabilize the economy so that Argentines have certainty about their work and their income ”, he concluded.
Source: Ambito
