From Perfil · · 50s
Work Losses Hit 7,573 in August
Argentina loses 7,573 formal jobs in August as private sector employment drops.
In brief
Argentina loses 7,573 formal jobs in August as private sector employment drops. Argentina's formal private sector employment fell 0.1% in August, losing 7,573 jobs. Originally reported by Perfil.
August Job Losses
Argentina's formal private sector employment dropped 0.1% in August, losing 7,573 jobs.
Total Formal Employment
Formal private employment reached 6,098,200 people, a loss of 274,339 jobs since November 2023.
Sector Losses
Transport (-0.3% and -1,372 jobs), Retail (-0.3% and -3,486 jobs), and Manufacturing (-0.3% and -3,346 jobs) saw the largest job losses.
Sector Gains
Fishing (2.4%), Mining (0.5%), Other Services (0.2%), Health (0.2%), and Construction (0.1%) saw small job gains.
Geographic Impact
14 provinces saw job losses, with La Rioja (-2.2%), Catamarca (-0.9%), and Tierra del Fuego (-0.8%) the worst affected.
The short version
Argentina's formal private sector employment fell 0.1% in August, losing 7,573 jobs.
