Uruguay Sees Job Growth and Stable Unemployment

INSUBCONTINENT EXCLUSIVE:
while unemployment stays steady
Statistics (INE) released new data
It showed the activity rate in September increased to 63.8 percent.This was a 0.3 percentage point rise from the previous month
Additionally, the employment rate also rose to 58.5 percent.Meanwhile, the unemployment rate saw a minor increase, going up to 8.3
percent.Mieres spoke to reporters about the figures
However, he also expressed concern about specific areas of the country.Unemployment rates are notably higher in coastal regions near
Argentina
shopping in Argentina, affecting local jobs.Uruguay Sees Job Growth and Stable Unemployment
(Photo Internet reproduction)A survey by consultancy firm Cifra in March adds context to these statistics
It revealed that unemployment is the second biggest worry for Uruguayans.This underscores the importance of job stability and growth for the
challenges that need further investigation
that includes sectors like agriculture, tourism, and technology.Historically, the country has focused on beef exports and farming
However, in recent years, it has diversified into various fields like software development and renewable energy.The labor market has been
adapting to these changes
Skilled workers are increasingly in demand in growing sectors.Consequently, vocational and higher education programs have been gaining
traction, focusing on fields like engineering and information technology.