Unemployment rose to 7.5% in Q4, the highest fourth-quarter reading since the Covid-19 pandemic. Job losses worsened ahead of President Javier Milei’s administration passing a historic labor reform last month, indicating a weaker labor market that could weigh on domestic demand and Argentine risk sentiment.
Unemployment rose to 7.5% in Q4, the highest fourth-quarter reading since the Covid-19 pandemic. Job losses worsened ahead of President Javier Milei’s administration passing a historic labor reform last month, indicating a weaker labor market that could weigh on domestic demand and Argentine risk sentiment.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.35
