News of unemployment

Niall Ferguson: ‘It's silly for the left to claim that austerity is conservative’

03-04-2021 07:49 Scottish historian, professor and brilliant polemicist Niall Ferguson on the coronavirus pandemic, the global economic outlook and the causes of Argentina’s economic failure.

by Jorge Fontevecchia

Unemployment rose to 11% in the fourth quarter of 2020

25-03-2021 18:24 Argentina's unemployment rate rose to 11 percent in the fourth quarter of 2020, rising 2.1 percentage points from a year earlier. 

2020: The year that was

02-01-2021 09:27 Economic crisis, rising poverty and unemployment, debt talks, creditors, the IMF, wealth tax, squatters, a police mutiny, the failed appropriation of Vicentin, alleged AFI espionage, ‘lawfare,’ corruption, legalised abortion, diplomacy, disappearances, the death of Diego Maradona… a lot happened in Argentina over the past 12 months, but it was all overshadowed by Covid-19.

by Michael Soltys

Trump will be gone, but trauma of 2020 may haunt Biden

26-12-2020 10:06 Even with Donald Trump gone and Joe Biden promising to heal the nation there'll be no quick return to normal in 2021.

Poverty stalks United States' middle class amid pandemic

01-11-2020 09:27 Eight million more people have been driven into poverty as the United States struggles with the world's biggest coronavirus outbreak – triggering tens of millions of layoffs and a sharp contraction in growth.

Pandemic drives Brazil jobless rate to record 14.4%

30-10-2020 14:15 Brazil's economy lost 4.3 million jobs between July and August, bringing the total number of unemployed to 13.8 million people, the government said.

Unemployment, the other pandemic

26-09-2020 10:15 Will this relentless agitation unleash the kind of volatility that rattles the very standing of the government, less than a year after winning the elections?

by Martín Gambarotta

Unemployment in Argentina rises to 16-year high of 13.1%

23-09-2020 19:37 Joblessness rose to 13.1% in the second quarter of the year, INDEC reveals, revealed Wednesday, pushed higher by economic turmoil and the coronavirus pandemic.

Slum priests, jack-of-all-trades in Buenos Aires’ villas

08-08-2020 09:59 Local church leaders take on all tasks, as they help to keep residents and their communities afloat during the coronavirus pandemic.

Debt deal sealed, but Argentina’s economic woes remain

08-08-2020 09:36 Experts say deal with bondholders ‘takes pressure off’ the government, but warn renegotiating terms of US$44-billion loan with IMF is now the urgent concern.

Hernán Lacunza: ‘We can’t reset the economy every four years, as we’ve been doing since 1945’

18-07-2020 08:30 Former finance minister Hernán Lacunza on Argentina’s debt restructuring efforts, the impact of the coronavirus pandemic, inflation and more.

by Jorge Fontevecchia

LATAM airline departs Argentina as virus crisis hits home

20-06-2020 10:03 Chilean-Brazilian airline LATAM – which filed for bankruptcy in the US last month – announces its subsidiary in Argentina will cease operations for an indefinite period. More than 1,700 jobs now at risk.

Coronavirus fallout and Congress obstacles put pressure on Bolsonaro

04-03-2020 15:03 Brazilian leader is struggling to engineer an economic take-off, as list of challenges grows.

Trump rejoices at the surge in job creation, adding 225,000 posts

07-02-2020 20:32 The US economy saw an explosion of new hiring in January. President Donald Trump, who has emerged intact from his impeachment trial, can now trumpet his economic record as he battles to win re-election in November.

Government pushes bill to protect INDEC bureau from 'political pressures'

22-11-2019 10:48 Bill sent to Congress would turn bureau into independent and autonomous unit, amid fears Kirchnerite figures may intervene in institution after December 10.

Colombians fill streets hoping to channel wave of discontent

22-11-2019 10:08 Colombians angry with conservative President Iván Duque and hoping to channel Latin America’s wave of discontent took the streets by the tens of thousands Thursday in one of the biggest protests in the nation’s recent history.

INDEC: Unemployment rose to 10.6% in second quarter

19-09-2019 19:05 Around 2.5 million people now out of work. INDEC also reveals economic activity recorded a slight recovery of 0.6% in the second quarter.

As crisis bites, Argentina’s young adults again face risk of jobless future

07-09-2019 00:37 More than 20% of Argentines aged under 30 are unemployed and the situation looks set to worsen in the coming months, with joblessness disproportionately affecting women.

by Lucas Robinson