Macroeconomy/Finance

More than 9,000 industrial jobs lost in April

More than 9,000 workers in the industry lost their jobs during April, compared to the previous month, as a result of the COVID 19 crisis, which directly impacted the productive framework and the Argentine labour market. In the year-on-year comparison with April 2019, this sector loses 46,000 jobs. In general terms, registered private wage employment, which was already in decline before the pandemic, accelerated its fall in April with a monthly loss of 128,000 jobs (2.2% per month) and an annual loss of 322,000 (5.3% year-on-year).

Source: Ámbito

Categories: Macroeconomy/Finance