The INE survey showed that unemployment fell by 50 basis points in May compared to April.
He unemployment fell to 8.5% in May nationwide and was down 50 basis points from April, according to the latest report on the working market from the National Institute of Statistics (INE).
The survey reflected that the rate of employment It also grew by 20 basis points in the monthly comparison, reaching 58.5%, while there was a slight deterioration in the rate of activity which rose from 64.1% to the current 63.9%.
The unemployment increased 10 basis points in May to 7.7% in Montevideo, while employment remained stable and the activity rate improved slightly to 65%. Meanwhile, in the inside Unemployment fell from 9.9% to 9.1%, while the employment rate grew 30 basis points to 57.6% and activity fell from 63.6% to 63.3%. It is worth remembering that, according to disaggregated data from the INE from weeks ago, Black river It is the department most affected by this problem, with 12.8%.
He INE He also indicated a decrease in the number of people underemployed, which fell 30 basis points to 9.1%, while the non-registration to the social Security for main work rose by 0.2%, with which the informality reached 21.5%.
INE.jfif plate
Some 30,000 jobs were created in the last year
On the other hand, the study shows that during the last year nearly 30,000 jobs were created. Job positions, since in May there were about 1,716.6 million Uruguayans employed, compared to 1,686.7 million in the same month of 2023.
This seems to confirm what the labor monitor anticipated. Advice, which indicated that demand for employment grew by 14.7% last month, with a total of 5,984 job opportunities.
Source: Ambito
