Jobs data

Milei cut minimum salary purchasing power 40%

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Registered workers earning the minimum wage in Argentina can currently purchase only six out of every ten products that their salary would have allowed prior to Javier Milei’s assumption of office. This level of purchasing power is even inferior to the crisis of 2001, warns a new report from the University of Buenos Aires. It … Read more

Argentina Economy

Economy has shed 220k formal jobs since Milei took over

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President Javier Milei’s administration has experienced a detrimental shift in the formal employment sector: from November 2023, the month preceding his inauguration, to May 2025, the economy has seen a decline of over 220,000 jobs and the closure of more than 15,000 businesses. A recent report by the Centro de Economía Política Argentina (CEPA) presents … Read more