INDEC data show a progressive reduction in unemployment over the first nine months of the year
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The National Institute of Statistics and Censuses (INDEC) reported that during the third quarter of 2025, the activity rate stood at 48.6%, while the employment rate reached 45.4%. Meanwhile, the unemployment rate, calculated on the economically active population, fell by one point and stood at 6.6%.
Thanks to the Government of Javier Milei's successful economic plan, the quarterly evolution of unemployment shows a downward trend throughout 2025. In the first quarter of the year, the indicator stood at 7.9%, it fell to 7.6% in the second quarter and fell again in the third quarter until it stood at 6.6%. These values reflect a progressive reduction in unemployment over the first nine months of the year.
Datos del INDEC.
In the quarter-on-quarter comparison, the INDEC report indicates that in the third quarter of 2025 the activity rate recorded an increase of 0.5 percentage points compared with the second quarter, rising from 48.1% to 48.6%. In the same period, the employment rate showed an increase of 0.9 percentage points, standing at 45.4%, compared with the 44.5% recorded between April and June.
Meanwhile, the unemployment rate showed a statistically significant variation in the comparison with the immediately preceding quarter. The indicator fell by 1.0 percentage point, dropping from 7.6% in the second quarter of 2025 to 6.6% in the third.
Another of the indicators surveyed was the pressure on the labor market. In the third quarter of 2025, this indicator stood at 28.7%, which represented a decrease of 1.8 percentage points in relation to the previous quarter, when it had reached 30.5%. Within this group, employed people seeking employment recorded a decrease of 1.0 percentage point, dropping from 17.1% to 16.1%.
Datos del INDEC.
Year-on-year comparison
The report also includes the year-on-year comparison. In relation to the third quarter of 2024, the employment rate recorded an increase of 0.4 percentage points, rising from 45.0% to 45.4%. In the same period, the unemployment rate fell by 0.3 percentage points, from 6.9% to 6.6%.
In year-on-year terms, the pressure on the labor market stood 1.5 percentage points below the level recorded in the same quarter of the previous year, falling from 30.2% to 28.7%.
