In Argentina, the number of unemployed and workers 'in the black' has reached 2 million. Over the last two years, unregistered or informal employment has grown by 376,000, and the unemployment rate has increased in the same period, rising from 5.7% to 7.5%. The commerce sector added 210,000 informal jobs, while registered private jobs in that sector barely grew by 4,000. Meanwhile, the manufacturing industry added 87,000 unregistered workers while losing 63,000 formal positions. According to the consulting firm Invecq, based on INDEC data, this indicates a significant increase in informal employment. The number of registered private-sector salaried workers decreased by 182,000 jobs, while the public sector saw a drop of 80,000 registered jobs, totaling 262,000 fewer jobs. The issue is not just the lack of employment, but also the quality and capacity of existing jobs to sustain income. The adjustment in the labor market operates not only through the quantity of available jobs but also through their quality. The growth of informality is not limited to new platform-based work—which would fall under the 'Transport and Communications' sector—but extends to traditional sectors as well.
