Blue Dollar Updates

Economic downturn reduces 2026 growth expectations

Market analysts concur that the Argentine economy is projected to expand at a rate significantly lower than previously anticipated in 2026, with numerous assessments indicating that the economy may already be experiencing a recession. Those conclusions arise from the September Market Expectations Survey (in Spanish, REM), a monthly poll conducted by the Central Bank. The … Read more

Household debt and unemployment worsen Argentina’s economy

At the outset of the year, Economy Minister Luis Caputo asserted on multiple occasions that Argentina would experience its “best 18 months” in “recent decades” during the period spanning May to June 2026. With only three months remaining until the conclusion of the year, that economic bonanza is, however, far from being reflected among the … Read more

Argentina Unemployment

Argentina Unemployment Rises as Informal Work Reaches 18-Year High

A recent analysis of Argentina’s labour market revealed that conditions continued to worsen in the second quarter of 2026, influenced by increasing informality, the expansion of platform-based self-employment, and a decrease in purchasing power. According to the latest official data released by Argentina’s statistics agency INDEC on Thursday, unemployment stood at 7.9%, reflecting an increase … Read more

Argentina Economy Contracts 0.6% in Second Quarter

Argentina’s economy experienced a contraction in the second quarter, representing the first decline in two years and signalling a setback for President Javier Milei’s administration. Gross domestic product decreased by 0.6 percent in the April-June period compared to the preceding three months, outperforming the median estimate of analysts surveyed, which anticipated a decline of 0.9 … Read more

Javier Milei

Milei claims Argentines are managing despite rising unemployment

President Javier Milei reappeared after several days without a public appearance, delivering an effusive speech in which he dismissed concerns over rising unemployment, falling wages and companies closing during his administration. “Let’s see the kind of stupid things people repeat every day, like ‘people can’t make ends meet,’ or ‘technologic progress destroys jobs’?” he said … Read more

Blue Dollar Updates

Argentina’s Job Crisis Threatens Milei’s Economic Gains

President Javier Milei has successfully reduced inflation and poverty levels in Argentina, while also eradicating the budget deficit. However, the nation’s labour market remains entrenched in the crisis that he was elected to address. For a second consecutive year, the South American economy is experiencing growth; however, there is a decline in employment within the … Read more

US Dollar

Government loosens dollar-loan rules to fuel real economy

Three years into Javier Milei’s presidency, a significant portion of the Argentine economy continues to lag behind the levels of activity and consumption observed prior to his arrival at the Casa Rosada, a situation that appears to be causing concern within the economic team. Even so, the government has consistently rejected the notion of the … Read more

There are more than nine million informal workers in Argentina

Argentina’s economy is beginning to exhibit a more organised macroeconomic framework; however, this enhancement has yet to manifest in a definitive rebound within the labour market. Unemployment levels have remained largely unchanged compared to a year ago; however, concerning indicators are emerging, such as the rise in informal employment, which now impacts 44.4 percent of … Read more

Milei cut minimum salary purchasing power 40%

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

More Than 1.1 Million Argentines Remain Without Work

Argentina’s unemployment rate increased to 7.8 percent in the first quarter of 2026, as reported. This marks a modest rise from 7.5 percent in the last quarter of the previous year, yet remains slightly lower than the 7.9 percent observed in the corresponding period of 2025. The figures, drawn from INDEC’s Permanent Household Survey (Encuesta … Read more

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