Youth unemployment shot up to 28.7% in March

He National Statistics Institute (INE) published its differential report of the Work market of March where there was a strong increase in the rate of youth unemploymentwhich went from 23.5% in February to 28.7%. In turn, it fired unemployment and informality in Afro-descendants and the underemployment in women.

According to data released by the organization, young people from between 14 and 24 yearsIn addition, they saw their levels of employment from 32.7% to 30.5% last month.

These are figures that are far from other age groups, such as people of between 25 and 29 where the unemployment fell from 10.8% to 9.9%; or of between 30 and 34which fell slightly 20 basis points, to 6.4%

Another of the bands that showed a small rise in this variable is the one that goes from 35 to 44 yearswhich went from 4.8% to 5.3%, a piece of information to pay attention to, considering that its activity rate exceeds 90%.

The gap between men and women increased

In February, the employment rate gap between men (65.8%) and women (49.9%) was 15.9 percentage points. In the last data for March, that gap widened even more: the 65.7% of them have work, while in them that number is 49.6%, which implies a difference of 16.1 percentage points.

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But the strongest data is found in the variable of underemployment, where the men stood 6.3% and women went from 9% to 10.6% in a month.

Unemployment, informality and underemployment: the indices of people with Afro ancestry

He unemployment In person Afro-descendants went from 12.2% to 13.9% in March, an increase that contrasts with the stability of white people which increased only 20 basis points to the 7.9% current.

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However, the main jump in workers from the Afro community is seen in the non-registration rates and underemployment. In the first case, they went from 20.4% to 23.4% in February; in the latest data for March, this figure continued to grow until it reached 27.2%. The rate in white people fell to 19.2%.

In the case of underemployment, this sector of the population went from one month to the next, from 9.7% to 14.7%, very far from 7.4% of white people.

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