ARGENTINA-CRISIS-UNEMPLOYMENT
A protestor holds a board displaying various Argentine currency bills during a demonstration against unemployment 29 May 2002 near the National Congress in Buenos Aires, as the country's four-year-old economic crisis has driven the jobless rate up to a record 25 percent. Economists announced real wages had hit a 50-year low. Purchasing power was driven down by 21 percent inflation in the wake of a nearly 70 percent devaluation of the Argentine peso and a 35 percent rise in the price of basic foodstuffs. Half of Argentina's 36 million now live in poverty -- in the country that was once Latin America's richest. AFP PHOTO/Fabian GREDILLAS (Photo by FABIAN GREDILLAS / AFP) (Photo by FABIAN GREDILLAS/AFP via Getty Images)
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Editorial #:
1252022536
Collection:
AFP
Date created:
29 May, 2002
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Source:
AFP
Barcode:
AFP
Object name:
APW2002052949852
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2048 x 1485 px (17.34 x 12.57 cm) - 300 dpi - 796 KB
- Argentine Currency,
- 4-5 Years,
- Afghan Currency,
- Argentina,
- Buenos Aires,
- Business Finance and Industry,
- Close To,
- Congress,
- Crisis,
- Currency,
- Demonstration,
- Economy,
- Employment and Labour,
- Finance and Economy,
- Firefighter,
- Inflation,
- Percentage Sign,
- Protestor,
- Showing,
- Social Issues,
- Strike - Industrial Action,
- Unemployment,
- Variation,