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Surging unemployment is Milei’s biggest political threat

For a second straight year, the economy is growing yet employment is falling in the formal sector. Only one province, Neuquén, has added businesses during Milei’s tenure. Leer más

4 Articles

President Javier Milei lowered inflation and poverty in Argentina, while eliminating the budget deficit. However, the country’s labor market is still plunged into the crisis that was mandated to fight. Read more

·Buenos Aires, Argentina
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The number of private sector companies has fallen to 482,000, the lowest level since 2007, according to the Fundar Research Centre

·Bogota, Colombia
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BUENOS AIRES.- The government of Javier Milei managed to reduce inflation, reduce poverty and eliminate the fiscal deficit, but it faces a problem that gains weight in the face of the elections of 2027: the Argentine economy grows again without generating formal employment. For the second consecutive year, economic activity progresses while the number of registered workers in the private sector decreases. Since the arrival of Milei to power, som…

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Ultimo Cable - Noticias del Mundo broke the news on Wednesday, August 19, 2026.
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