Argentine Economist Warns of Job Losses

Argentine economist Martín Redrado reported a loss of 201,000 jobs, highlighting the absence of growth signals in employment and the rise of informal work. He stated the country is facing issues not of unemployment but rather of labor informalization.

Economist Martín Redrado stated today that in terms of employment, 'there are no signs of growth,' while also saying that 'there was a loss of 201,000 jobs.' 'There are no signs of growth in employment, and Argentina is beginning to have problems not of unemployment, but rather of the informalization of employment,' he expressed in statements to Radio Rivadavia, accessed by the Argentine News Agency. Additionally, he indicated: 'There was a loss of 201,000 jobs and there was an urbanization of employment.'

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