Unemployment rises despite economic recovery

[MilHojas]

Unemployment rises despite economic recovery, data shows

Unemployment in Argentina rose to 7.9 percent in the first quarter of 2025, according to INDEC data.

www.batimes.com.ar

 

[IamWaldo]

This is just the beginning. This is because of the high peso value. It forces to become a bit more efficiënt. I wouldnt be surprised if it will reach 10-12% by end of the year.

Problem is that you should measure it without and with inflation.

 

[lunar]

Problem is that you should measure it without and with inflation.

It’s not just about inflation - it’s about the cost of living.

A friend of mine works at a major international company here, and they’re trying to fill a similar position both in Argentina and in the UK. After all the recent changes and rising living costs, they’re now offering a higher salary for the role in Argentina than in England. That’s insane.

So yes, inflation may be down, but the economy is still not competitive.

 

[IamWaldo]

It’s not just about inflation - it’s about the cost of living.

A friend of mine works at a major international company here, and they’re trying to fill a similar position both in Argentina and in the UK. After all the recent changes and rising living costs, they’re now offering a higher salary for the role in Argentina than in England. That’s insane.

So yes, inflation may be down, but the economy is still not competitive.

That's what i mean.. too; the economy is not competitive and the prices are incorrect compare to what you get.
So economy grows, maybe in pesos.. but true value it's dropping.