Milei Defends Economy Amid Rising Unemployment | Argentina News

Argentina News Today | 2 Min News | The Daily News Now! · Aug 28, 2026 · 1m

President Milei shrugged off criticism of his economic policies, dismissing concerns over job losses, falling wages, and shuttering businesses as exaggerated or misguided. He mocked claims that people can’t make ends meet and dismissed fears about technology destroying jobs, insisting the data doesn’t back these complaints. Yet official figures tell a different story: unemployment hit 7.8% — up from previous quarters and significantly higher than when he took office — with 1.1 million people now unemployed and many more slipping into informal, less secure work. While he claimed salaries…