Milei’s Economic Bloodletting: Argentina Loses 32,300 Companies and 437,000 Jobs Since His Rise to Power
5 Articles
5 Articles
So says a report by the Argentine Center for Political Economy (CEPA) and data from the Superintendency of Occupational Risks (SRT)
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.
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.
A total of 32,290 companies closed in Argentina since Javier Milei took office at the end of 2023, according to a report by the Argentine Center for Political Economy (CEPA). During the same period, 437,611 formal jobs were destroyed and in July 3,485 more jobs were lost.
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