The six large urban agglomerates of the Province presented in the third quarter an activity rate of 45.9% and an employment rate of 41.7%. On the other hand, the unemployment rate was 9.3%, while the underemployment rate reached 12.4%.
Minister Pablo López remarked that “the evolution of the labor market in the Province is very encouraging. For the fourth consecutive quarter, the unemployment rate fell to 9.3%, the lowest value since the beginning of the series for a third quarter “.
“We are observing a notorious recovery in the activity rate and, fundamentally, the employment rate in the Province, a representative indicator of labor inclusion, combining lower unemployment with a greater participation in the market. The province represents 50% of the total. of employment in the country and therefore, an Argentina with more jobs needs a thriving Province, “he said.
On the other hand, at the country level, for the total of the 31 urban agglomerates, the activity rate was 46.7% and the employment rate 42.9%, with increases of the order of 4.4 percentage points and 5.5 percentage points with respect to the same period of 2020, respectively.
For its part, the unemployment rate decreased 3.5 percentage points, reaching 8.2%.
Added to this, the report highlights that 50.1% of the Economically Active Population and 49.5% of employed people, during the third quarter of 2020, were in the province of Buenos Aires.
Source From: Ambito
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