INSUBCONTINENT EXCLUSIVE:
(INE).This marks a 0.4 percentage point (pp) decline over the past year, driven by a 1.3% rise in employment, which outpaced the labor
by 4.1%, with declines among previously employed individuals (-4.2%) and first-time job seekers (-2.8%)
The participation rate remained steady at 62.1%, while the employment rate edged up to 57.1%, reflecting a modest recovery in overall labor
activity.Gender disparities persisted in the labor market
Women faced a higher unemployment rate of 9.1%, up 0.3 pp from last year, as their labor force expanded by 0.5%, while employment grew only
0.2%.This imbalance led to a 4.5% increase in unemployed women, with their participation and employment rates slightly declining by 0.2 pp
(Photo Internet reproduction)Meanwhile, men saw improved conditions, with unemployment dropping to 7.2% (-1 pp), as their employment rose by
2.2%, surpassing labor force growth of 1.1%
Informal workers dropped by 3.4%, particularly in commerce (-7.9%) and manufacturing (-12.9%).Self-employed workers and unpaid family
workers saw notable declines of -5.3% and -17.6%, respectively
(8.8%).Magallanes had the lowest rate at just 3.9%
services (12.8%), and healthcare (5.4%).The data highlights uneven progress across demographics and regions, providing critical insights for
