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
The union representing tire industry workers, SUTNA, organized a march outside the Labor Secretariat in Buenos Aires on Wednesday to express their opposition to the possible closure of tire manufacturer Fate. A 24-hour strike is also being conducted. The closure is anticipated to result in the loss of over 900 jobs. The protest commenced at … Read more
According to official data, Argentina has experienced a loss of nearly 22,000 companies in the initial two years of President Javier Milei’s administration. Data indicate that the count of registered employers in Argentina decreased from 512,357 in November 2023 to 490,419 in November 2025, reflecting a net reduction of 21,938 companies over a span of … Read more
The Industrial Union of Santa Fe has highlighted what it refers to as Argentina’s elephant in the room: the erosion of the middle class. Job losses, declining income across all segments, and constrained consumption are indicative of a more extensive decline. In the face of rising inflation, the government remains committed to a strategy of … Read more