Economy Country 2025-12-15T16:23:57+00:00

Argentina's Private Sector Loses 49,000 Jobs

From June to September 2025, Argentina's private sector lost 49,000 jobs. Official data shows a negative trend in most industries and regions, with a few exceptions in provinces and sectors like fishing and education.


Argentina's Private Sector Loses 49,000 Jobs

Buenos Aires, December 15 (NA) – According to official data, private sector salaried employment suffered a cumulative loss of 49,000 jobs in the four months between June and September 2025. During that quarter, employment recorded monthly variations in the order of -0.2% monthly. The total number of private sector salaried workers in September 2025 stood at "6.198 million people," according to Agencia Noticias Argentinas with data from SIPA. In September alone, the monthly variation was negative by 0.2% compared to the previous month, which implied a decrease of 10,600 fewer workers. This contraction trend intensified after a period of stagnation that occurred in the first five months of 2025, when employment alternated slight monthly increases and decreases, but remained at similar levels to those of December 2024. When analyzing the sectoral performance during September 2025, "heterogeneity in the performance of the economic sectors" was observed, with six sectors reducing the number of workers. Among the sectors that experienced the largest employment declines were "Mining and quarrying (-0.7%); Manufacturing industries (-0.4%); Agriculture, livestock, hunting and forestry (-0.3%); Transport, storage and communications (-0.3%); Trade and repairs (-0.2%) and Construction (-0.2%)". In contrast, the sectors that managed to increase their employment level were Fishing (+3.5%), Electricity, gas and water supply (+0.1%) and Teaching (+0.1%). Compared to the same month of the previous year, private sector salaried employment maintained a "negative balance (-0.4%, 25,900 fewer workers)". At the geographical level, the dynamics of September 2025 reflected that employment decreases occurred "widespread at the provincial level". Seventeen of the twenty-four jurisdictions recorded a contraction in private formal salaried employment. Only seven jurisdictions showed a positive variation, with Chubut (+1.0%), Catamarca (+0.4%), and Santiago del Estero (+0.3%) being the ones with the highest increase. The provinces most affected by the decrease were "Tierra del Fuego (-1.2%), Misiones (-1.2%), Corrientes (-1.0%) and Mendoza (-0.7%)".