Unemployment Rate for Argentina

Indicator Definition:
Unemployment refers to the share of the labor force that is without work but available for and seeking employment.

The statistic "Unemployment Rate" stands at 7.88 percent as of 12/31/2024.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 1.74 percentage points compared to the value the year prior.
The 1 year change in percentage points is 1.74.
The 3 year change in percentage points is -0.86.
The 5 year change in percentage points is -1.97.
The 10 year change in percentage points is 0.608.

The Serie's long term average value is 10.56 percent. It's latest available value, on 12/31/2024, is 2.68 percentage points lower, compared to it's long term average value.
The Serie's change in percentage points from it's minimum value, on 12/31/1991, to it's latest available value, on 12/31/2024, is +2.44.
The Serie's change in percentage points from it's maximum value, on 12/31/2002, to it's latest available value, on 12/31/2024, is -11.71.