As reported by the Ministry of Labor and based on data from the Argentine Integrated Pension System (SIPA), the number of citizens with employment registered in the country reached 13,111 million in February, with a total of 32,400 jobs more than the previous month, thus accumulating 31 consecutive months of growth.
In relation to the month of January, the number of employment formal sector suffered a positive increase of 0.2% and 4.8% compared to the same period but the previous year, that is, 602.2 thousand workers. Until February, there were 10.212 million people with registered salaried jobs, including the private sector, the public sector and work in private homes. In the same way, 2,899 million people with independent jobs are registered, that is, monotributistas and self-employed.
Said increase was driven by both the public sector and the private sector, which grew 0.4% and 0.2% respectively. In addition, 0.2% more than employment in private homes and self-employment grew 0.2% in relation to the month of January, explained by 5.1 thousand more workers who recently joined the monotributo.
Formal industrial employment reached its highest level in recent years
In addition to the rise in employment In general, the industry accumulates 33 months of consecutive month-on-month growth. This means that it reached the longest period of expansion since at least 2009 and presented the highest level of work in more than four years, since April 2018.
According to data from the Employment and Business Dynamics Observatory of the Ministry of Labour, Employment and Social Security, based on SIPA, the work The formal private sector in industry grew by 0.3% in February compared to January, that is, it generated more than 3,000 formal jobs in just one month. “These data show that, despite the difficult moment, the players in the real economy are looking to the future with expectations of growth,” explained the Secretary of Industry and Productive Development of the Nation, José Ignacio de Mendiguren.
