Nearly 1,000 Companies Closed in July: How Many Have Lowered Their Blinds Since the Inauguration of Javier Milei’s Government
7 Articles
7 Articles
These are the signatures registered with at least one formal worker. Only in the seventh month did 948 production units close across the country
The number of employers with registered workers fell for 18 consecutive months, according to data from the Superintendency of Occupational Risks. In July alone, 948 companies were registered less than in June. In the year-on-year comparison, the reduction amounts to 15,475 firms, while the accumulated fall since December 2023 exceeds 32,000.
The information provided contrasts with the plans announced by the Government.
The deterioration of the business network deepened in July, with a net fall of 948 employers (-0.2 per cent), according to data from the Superintendency of Labor Risks (SRT). Thus, in the first seven months of the year, the number of productive units employing workers decreased by 9,682 (-1.98 per cent). Since November 2023, month prior to Javier Milei's assumption, Argentina lost 32,290 employing companies. The number of productive units with r…
The records of the Superintendency of Labor Risks reflected the loss of 32,290 employers since the end of 2023. SME specialists warn of the impact of the import opening, the loss of purchasing power and the brake on domestic demand.
According to data from the Superintendency of Labor Risks, Argentina lost 948 companies during July and accumulated a 6.3% drop since November 2023. Trade, industry and agriculture are among the sectors most affected.
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