📉 So far this year, private companies in Argentina have lost 134,034 jobs, while the government eliminated 22,681 jobs from January through July, according to the Argentine Integrated Social Security System (SIPA). Manufacturing, construction, and retail were the sectors that saw the sharpest declines.

🏭 Year-over-year, the manufacturing sector contracted by 4.4 percent, financial intermediation fell by 4.8 percent, and commerce declined by 3.4 percent. Amid the decline in formal employment, the number of workers registered under the simplified tax system is growing: 58,778 self-employed workers registered over the past year.

🗺️ The impact is felt across the provinces: 21 of the 24 jurisdictions recorded declines in private-sector salaried employment, with Tierra del Fuego leading the way (-12.6%), followed by Misiones (-6%) and Corrientes (-5.6%).