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Milei’s Economic Bloodletting: Argentina Loses 32,300 Companies and 437,000 Jobs Since His Rise to Power

Summary by La Tercera
A report by the Argentine Center for Political Economy (CEPA) revealed that the number of productive units fell by 6.3% since November 2023. The contraction of consumption and the loss of purchasing power have particularly affected trade and small and medium-sized enterprises.

7 Articles

Center

So says a report by the Argentine Center for Political Economy (CEPA) and data from the Superintendency of Occupational Risks (SRT)

·Madrid, Spain
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Lean Right

A report by the Argentine Center for Political Economy (CEPA) revealed that the number of productive units fell by 6.3% since November 2023. The contraction of consumption and the loss of purchasing power have particularly affected trade and small and medium-sized enterprises.

·Las Condes, Chile
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Since Javier Milei took office, the number of registered employers in Argentina has decreased by over 32,000, and the number of formal jobs by nearly 438,000. Trade, transportation, and industry have been hit hardest. The IMF continues to forecast GDP growth throughout 2026, but consumption, industry, and the number of businesses remain under pressure. Since Javier Milei took office… The article "Argentina has lost over 32,000 companies. The mar…

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The Argentine Center for Political Economy (CEPA) announced that since Javier Milli came to power in Argentina, 32,290 businesses have closed, meaning that nearly 438 official job opportunities have been lost.

Argentina loses 32,290 companies since Milei and 437,611 formal jobs: the market monitored by Spanish subsidiaries shrinks. Entry Javier Milei accumulates 32,290 closed companies in Argentina: the terrain monitored by Spanish groups aparece primero en Moncloa.

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El Mostrador broke the news on Saturday, October 10, 2026.
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