End of preview - This article contains approximately 131 words.
Subscribers: Log in now to read the full article
Not a Subscriber?
Choose from one of the following options
Back
LatinNews Daily - 24 August 2020
In brief: Latest employment figures point to signs of recovery in Uruguay
* Uruguay’s national statistics institute (INE) has released new figures which show that the country’s unemployment rate reached 10.7% in June, up from 9.7% in May. However, the figures also show that the rate of employment also rose to 53.6% in June, up from 52.8% in May, while the number of economically inactive people fell by 45,000 people in June from the previous month’s estimates. Of those who are economically inactive but available to work, 27.7% are not seeking employment due to the ongoing coronavirus (Covid-19) pandemic. Aldo Lema, a local economist at Vixion consultancy, tweeted that the INE’s latest figures suggest “signs of recovery”, noting that in seasonally adjusted terms, 114,000 jobs were lost in March-April of which 56,000 were recovered in May-June.
- MEXICO: Covid-19 situation becomes “catastrophic”
- COLOMBIA: Duque denies escalation of violence
- In brief: Chinese official defends credit deal with Ecuador
- BRAZIL: Press freedom concerns after Bolsonaro attacks journalist
- In brief: Brazil sees positive job creation in July
- JAMAICA: Holness suspends traditional campaigning ahead of election
- In brief: Honduras’s economic activity contracts in first half of 2020
- In brief: Mexico’s Aeroméxico secures DIP financing
- PARAGUAY: Pandemic response undermined by resignation in health ministry
- In brief: Latest employment figures point to signs of recovery in Uruguay
- Panama and US agree to create joint anti-money laundering task force