Private Formal Employment Fell in June for 13th Consecutive Month and Is at the Same Level as in 2014
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Another fact that paints perfectly the sad harvest that sowed the libertarian management of Javier Milei. The registered employment in the Argentine private sector fell 0.1% in June, which equals 6,261 formal jobs less in relation to May. Thus, the total number of formal wage earners fell to 6,126,400 people, the lowest level in 50 years. In ...
According to the report, the formal labour market contracted by 0.1 per cent per month. Manufacturing and commerce remain the hardest hit branches.
The decline in registered employment is concentrated in industry and commerce, according to SIPA data. On the other hand, the real wages of private wage earners did not change and remained 0.8% below the November 2023 level. Formal wage employment in the private sector fell for the 13th consecutive month [...]
Buenos Aires, Sep 11 (Prensa Latina) The regression of formal employment in the private sector in Argentina was felt again in June for the thirteenth consecutive month and is at levels of 2014, today it gathers a report of the Argentine Integrated Preventive System (SIPA).The post Private formal employment in Argentina fell for the 13th consecutive month first appeared on Noticias Prensa Latina.
The INDEC celebrated the lowest inflation in more than a year, but the basket of the poor doubled and SIPA confirmed thirteen months in a row of destruction of private employment. Three official reports, a single economy that does not start.
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elciudadanoweb.comThe decline is concentrated in industry and commerce, according to SIPA data. On the other hand, the real wages of private wage earners did not change and were 0.8% below the November 2023 level.
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