Report of the UBA: In What Goes of the Milei Management 241,000 Private Formal Jobs Were Lost and the Minimum Wage Fell 40.5%

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Since the assumption of Javier Gerardo Milei to National Executive, in November 2023, to date, 337 thousand registered jobs were lost. Of that number, 241 thousand respond to the private sector. Public employment of the national sector, Industry, Construction and Commerce lead that fall. In May 2026, 7 of 13 sectors had negative variations in the volume of employment, ...

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A report by the Interdisciplinary Institute of Political Economics (IIEP), under the Faculty of Economic Sciences of the University of Buenos Aires (UBA), recorded that since the assumption of Javier Milei in the country, 241 thousand formal jobs have already been lost and that the minimum wage has fallen 40.5%. The work combines information from the Argentine Integrated Preventive System (SIPA) and from the Labour Indicators Survey (EIL) to out…

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A work by the Faculty of Economic Sciences of the UBA pointed out that in May another 9,100 people were left without their registered work and the growth of unemployment was accentuated. A report by the Interdisciplinary Institute of Political Economy (IIEP), under the Faculty of Economic Sciences of the University of Buenos Aires (UBA), recorded that since the assumption of Javier Milei in the country, 241 thousand formal jobs were lost and tha…

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The sectors that deal with the economy are nowhere near compensating for those that are lost in the segments most affected by economic policy. Dismissals, company closures, devalued salaries and a destroyed Minimum Vital and Mobile Wage (SMVM). That is the balance of the almost three years Javier Milei has been president. Virtually the whole country is affected by these problems, product of an economic policy with many losers and few winners.Des…