Surging unemployment is Milei’s biggest political threat
6 Articles
6 Articles
Argentina's President's policies have managed to reduce inflation, but the country is growing without generating quality jobs
Argentina lost 241,000 wage-earning jobs in the private sector since the President took office. The economy grows but does not generate employment, Bloomberg explains.
President Javier Milei lowered inflation and poverty in Argentina, while eliminating the budget deficit. However, the country’s labor market is still plunged into the crisis that was mandated to fight. Read more
The number of private sector companies has fallen to 482,000, the lowest level since 2007, according to the Fundar Research Centre
BUENOS AIRES.- The government of Javier Milei managed to reduce inflation, reduce poverty and eliminate the fiscal deficit, but it faces a problem that gains weight in the face of the elections of 2027: the Argentine economy grows again without generating formal employment. For the second consecutive year, economic activity progresses while the number of registered workers in the private sector decreases. Since the arrival of Milei to power, som…
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
