Unemployment closed 2022 at 7.9%, slightly higher than in November (7.8%) and almost one percentage point higher than in December 2021 when it had stood at 7%.. December ended with 144,500 unemployed.
The employment rate it was located at 57.7%, with a minimal difference compared to the previous month (57.5%) and also with a slight variation in the interannual relation to December 2021 when it was 57.2%. The year-end figure is equivalent to 1,682,000 employed persons.
The Activity rate ended in 62.7% equivalent to 1,826,900 people.
CPA economist Ferrere Nicolás Cichevski indicated on his Twitter account that on average in 2020 there were 31,000 more jobs than in 2021.
The rate of #job closed the year at 57.7% (Dec.21: 8.3%). In trend-cycle, the fall would have occurred between March and July, remaining stable thereafter.
The activity rate remained at 62.7%, so the unemployment rate increased from 7.0% in Dec.21 to 7.9% in Dec.22 pic.twitter.com/oAr0zXx1mf— Nicholas Cichevski (@ncichevski) January 24, 2023
He added that in December there were 7,000 fewer employed than in the same month of 2021. “Removing seasonal and irregular effects, the drop would have occurred in the first half of the year, with a slight recovery towards the end of the year,” he wrote.
