Unemployment in May stood at 8.1%, some 144,000 people, the highest value so far this year

Unemployment in May stood at 8.1%, some 144,000 people, the highest value so far this year


MTSS

The technical bulletin of Activity, Employment and Unemployment of the INE, which corresponds to May 2022 for the entire country, establishes that the activity rate stood at 61.7%, the employment rate at 56.7% and the rate unemployment at 8.1%.

This means that the active were 1.7 million, the employed 1.6 million, and the unemployed 144 thousand people.

This is the highest unemployment rate so far this year, since in January it stood at 7.4%, in February it was 7.3%, March (7.7%) and April also 7.7% .

Unemployment in Montevideo was 8.4% while in the interior 7.8.

unemployed and employed

Any person who during the reference period considered (last week) is not working due to not having a job, who is actively looking for a job and is available to start working right now, is considered unemployed. By definition, unemployed people are also those who are not looking for work because they are awaiting the results of steps already taken and those who start working in the next 30 days.

While employed means any person 14 years of age or older, who worked for at least one hour the week prior to the survey, or who did not work due to vacation, illness, accident, work conflict or work interruption. work because of bad weather, machine breakdowns or lack of raw materials, but he has a job to which he will surely return.

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