Monday, August 8, 2011

Unemployment rate drops to 7.3% in second quarter, CFK says

President Cristina Fernández de Kirchner anounced that the unemployment rate has dropped to 7.3 percent in the second quarter of 2011, a 0.6 decrease in comparison to a 7.9 rate in the same time period of 2010.

“In this second quarter of 2011, we have lowered our unemployment rate in comparison to the same quarter of last year, in which we were close to an 8 percent. Now we stand at 7.3 percent in all of Argentina," Fernández de Kirchner explained while attending the inaguration of a shoe factory in the Buenos Aires province town of Las Flores.