Argentina’s economy is at an unusual juncture. In contrast to numerous previous periods in the nation’s recent past, the fluctuations of the U.S. dollar — historically the primary focus of economic discourse — have shifted away from being the focal point of current discussions. Inflation is not either. Although it remains elevated relative to the … Read more
Generalized layoffs have emerged as a focal point of criticism regarding Javier Milei’s economic program. Since the libertarian economist assumed office with the commitment to eradicate inflation and “chainsaw” what he deemed an excessive state, over 300,000 formal jobs have been eliminated. In two separate speeches this week, the president asserted that his government “created … Read more
Argentina’s unemployment rate increased to 7.5 percent at the conclusion of the previous year, marking the highest fourth-quarter figure since the Covid-19 pandemic, as job losses intensified prior to the passage of a significant labour reform by Javier Milei’s administration last month. The jobless rate in Argentina’s formal sector increased for the first time in … Read more
