In 75 days, 272,000 people lost their jobs

More than 272,000 employees lost their jobs between February and May of this year. The number of workers contributing to the Argentine Integrated Social Security System (SIPA) fell by almost 1.75 million in the last year. The year-on-year contraction of employment reached 5.1% in May. It estimates that the unemployment rate will exceed 15% in the second half of the year and that it will close at around 13.5% in 2020.

Source: Ámbito