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Milei’s Economic Wins Mask Job Crisis | Argentina News
Milei’s bold economic moves have slashed inflation and balanced the budget, but Argentina’s job market remains a disaster zone—formal sector employment is shrinking even as GDP grows, threatening his re-election. Over 240,000 private jobs vanished since he took office, state workers cut by 73,000, and business registrations hit a 15-year low. Unemployment in the formal economy sits at 7.8%, but 44% of workers now operate informally, forced off the books to survive. Investors watch closely as job creation becomes the defining issue—because without real, steady work, growth means little to…
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