Unemployment rate · Argentina
Argentina Unemployment Rate
The Argentina Unemployment Rate measures the share of the labour force in Argentina, people working or actively looking for work, who have no job but want one.
- Importance
- Medium
- Released
- Quarterly
- Next release
- Currency
- ARS · Argentine peso
- Central bank
- The Banco Central de la República Argentina
Latest figures
The latest release for Q2, published on 17 September 2026, came in at 7.9%, up from 7.8% the time before.
Over the last 7 releases it ranged from 6.4% to 7.9%, averaging 7.4%; it has been rising for three releases in a row.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 17 Sep 2026 | Q2 | 7.9% | – | 7.8% |
| 22 Jun 2026 | Q1 | 7.8% | – | 7.5% |
| 18 Mar 2026 | Q4 | 7.5% | – | 6.6% |
| 18 Dec 2025 | Q3 | 6.6% | – | 7.6% |
| 18 Sep 2025 | Q2 | 7.6% | – | 7.9% |
| 19 Jun 2025 | Q1 | 7.9% | 6.3% | 6.4% |
| 20 Mar 2025 | Q4 | 6.4% | – | 6.9% |
Why it matters
Full employment is part of most central banks' mandate. A falling unemployment rate means a tighter labour market, faster wage growth and more inflation pressure, which can keep the Banco Central de la República Argentina hawkish; a rising rate is one of the clearest recession signals (the US "Sahm rule" flags a 0.5-point rise in the three-month average).
How it is calculated
INDEC usually runs a household survey: people are counted as unemployed if they had no work, were available and looked for a job recently. The rate is unemployed ÷ (employed + unemployed). Registered jobless and claimant counts instead count people signed on for benefits. Participation is the labour force ÷ working-age population.
Unemployment rate = unemployed ÷ labour force × 100
Labour force = employed + unemployedWhat changes mean
- A lower rate than expected usually supports the Argentine peso.
- Check participation: unemployment can fall because people stop looking, which is not good news.
- Broader measures (US U-6) include part-timers who want more hours.
Higher than expected: A higher unemployment rate than expected points to a weakening labour market: the Argentine peso tends to soften as markets price in lower rates.
Lower than expected: A lower unemployment rate than expected signals a tight labour market: it tends to support the Argentine peso and push bond yields up.
A short history
Systematic unemployment statistics began in the 1930s Depression; the International Labour Organization's definition, adopted in 1982, is used by most countries today.
Questions
What is the Argentina Unemployment Rate?
The Argentina Unemployment Rate measures the share of the labour force in Argentina, people working or actively looking for work, who have no job but want one.
What was the latest Argentina Unemployment Rate?
7.9% for Q2, published on 17 September 2026.
When is the next Argentina Unemployment Rate?
On Friday 18 December 2026 at 19:00 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.