Argentina: Former Minister Warns Formal Employment Decline, Vaca Muerta and Mining Insufficient

Dante Sica, former Production and Labor Minister under Macri, warns that nearly 67% of new jobs are in low-productivity activities, signaling a structural decline in formal employment. He argues that Vaca Muerta and mining cannot offset these losses. The claim is an expert opinion, not yet corroborated by fresh data, but reflects ongoing labor market concerns in Argentina.