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The COVID-19 pandemic has taken a toll on Uruguay’s labor market, with unemployment climbing by double digits in May, experts have said. Consulting firm CPA Ferrere reported “stagnation” in the employment rate in recent months and even “a slight drop in May, for the first time since the (post-pandemic) recovery began.” According to the Continuous Household Survey released by the National Institute of Statistics (INE) on Tuesday, the employment rate in May stood at 54.5 percent, while the activity rate was 60.7 percent. The unemployed population in Uruguay amounted to 180,463 out of an economically active population of 1,766,495, the INE estimated. Nicolas Cichevski, head of consulting firm Grant Thornton in Uruguay, told local media that the results for May were “worse” than expected.

Nicolas cichevskiOpcion consultoresContinuous householdNational institute of statisticsContinuous household surveyNational instituteGrant thorntonதொடர்ச்சியான வீட்டுதேசிய நிறுவனம் ஆஃப் புள்ளிவிவரங்கள்தொடர்ச்சியான வீட்டு கணக்கெடுப்புதேசிய நிறுவனம்மானியம் தோர்ன்டன்