Uruguay's INE reports unemployment on the rise

Uruguay's INE reports unemployment on the rise

Uruguay's National Institute of Statistics (INE) released a report Tuesday showing that last month's unemployment rose from 7.4% to 8.1% from the previous month. However, this figure represented an interannual improvement against last year's 8.6%. Joblessness was not as harsh in Montevideo (7.1%) but it was indeed noticeable elsewhere in the South American country (8.7%). In addition, 21.3% of workers were detected not to be registered with socia

Unemployment in Uruguay increased in January, reaching 8.1 per cent, an increase from 7.4 per cent in December. Despite this increase, the rate remained below the 8.6 per cent recorded in the same month of 2024. According to data from the National Institute of Statistics (INE), the labour market showed positive signs in terms of occupation, with 27,000 workers more than a year ago. The employment rate stood at 59.4 per cent, representing a sligh…