The unemployment rate stood at 11% at the end of the last quarter of 2020, 0.7 percentage points down concerning the third quarter, but up 2.1% compared with 2019.
The Argentine e-commerce multinational Tiendanube confirmed the last hours' investment of $89 million made by Accel Partner, Thorntree Capital, Qualcomm Ventures, Kaszek and Kevin Efrusy. It is the second investment fund disbursement in just five months. They plan to grow 15 to 20 times in five years.
After December's deficit, which interrupted 27 consecutive months of positive results, the trade balance started the year with a trade surplus of over $1 billion. The trend seems to sustain during February. According to different consulting firms, in the second month of 2021, the Argentine Trade Exchange (ICA) recorded a favourable balance of $865 million, sustained by exports from the agricultural sector.
Sales in supermarkets -measured at constant prices- recorded in January an improvement of 3.8% compared to the same month of 2020, while in large shopping malls they showed a decrease of 31.5% in the same period, according to the INDEC (National Institute of Statistics and Census).
Digital House, a company dedicated to training talent in the knowledge economy, has just received an injection of $50 million from its impressive headquarters in the Belgrano neighbourhood. It is the most significant investment for an organization of its kind, focused on immersive remote courses. Digital House has expanded throughout most of Latin America. It is an expert in training new technologies: Mercado Libre, Globant and the River Wood fund, the leading investors.