The National Association of Financial Institutions (Anif) highlighted that in November 2021 the Unemployment Rate (TD) stood at 10.8%, one percentage point below that registered in October of the same year (11.8%).
(Youth unemployment fell to 18.8% between September and November).
He said that it is the first time since December 2019 that the TD is below 12%, which means “a great advance in terms of employment for the country. However, it must be taken into account that historically the month of November is the one that registers the lowest unemployment levels in the year and we are still 1.6 percentage points above the record for November 2019 (9.3%). , before the pandemic”.
The study center said that a positive aspect of the month of November is that private employment, which is mostly formal, continued to grow to a greater extent than self-employment.
(What can a worker resort to in case of dismissal?).
Anif analyzes that if this trend continues, The labor market could be heading in the coming months to correct the impact that the pandemic had on the increase in informal employment.
On the contrary, the biggest setback that the occupation suffered in November, in particular for women, was the considerable increase in the inactive population, which increased by 588,000 compared to November 2020.
Regarding unemployment in the 13 main cities, the TD stood at 12.2%, 0.1 percentage points below the figure for October (12.3%). When comparing the TD of the 13 cities with November 2020, a decrease of 3.1 percentage points (15.4%) is observed.
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