Formal Private Employment Accumulates 14 Months of Consecutive Fall and Is Already at 2014 Levels
11 Articles
11 Articles
According to a survey by the UBA, since November 2023 there have been 266,000 fewer jobs in the private sector. The biggest setbacks occurred in industry, commerce and construction.
In the report of UBA and Conicet, Trade, Industry and Construction are among the most affected activities. Minimum wage continues to lose purchasing power.
A report by the UBA and the Conicet reveals that private employment accumulates 14 consecutive months of decline, while the minimum wage lost 40.8% of its purchasing power since November 2023. Industry, commerce and construction concentrate the greatest job losses, despite the fact that economic activity exceeds [...]
A report by the UBA and the Conicet registered 14 consecutive months of formal private employment. Since November 2023 370,000 registered wage positions were lost in the economy as a whole and the minimum wage lost 40.8% of its purchasing power.
In the past year, 155,000 jobs were lost in the country, according to a UBA report.
The UBA recorded 266,000 formal positions less since November 2023. The minimum wage lost 40.8% of purchasing power
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