RIO DE JANEIRO, BRAZIL - Unemployment in Uruguay fell slightly to 7% in December 2021, the lowest level since December 2017, when it was 6.9%, while employment reached 57.7%, the National Institute of Statistics of Uruguay (INE) reported Tuesday.
In November, unemployment had stood at 7.4% and employment at 57.2%.
According to the INE's Activity, Employment and Unemployment Technical Bulletin, the South American country's labor force participation rate was 62% in December, up from 61.8% in November.
In July 2021, unemployment had risen to 10.4% but then began to decline, reaching the current . . .
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