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Formal Wage Employment Deepened Its Decline and Reached a New Low Since 2023, According to a Uba Report.

Summary by Infobae
The number of registered workers decreased by 205,000 posts since November 2023, reflecting a trend of contraction and stagnation in the formal labour market

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Lean Left

The number of registered workers decreased by 205,000 posts since November 2023, reflecting a trend of contraction and stagnation in the formal labour market

·Buenos Aires, Argentina
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A private report stated that the total number of formal workers to July reached a new minimum since the end of 2023. Formal wage employment accumulates 205,000 casualties in what is going to be managed by Javier Milei since December 2023, according to a report prepared by the Employment, Distribution and Labour Institutions (EDIL) of the Interdisciplinary Institute of Political Economy (IIEP). The report stated that “the total formal wage employ…

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Infobae broke the news in Buenos Aires, Argentina on Monday, November 3, 2025.
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