Argentina labor reform: 36k jobs lost, 6,905 firms close, informality hits 45%

Argentina's labor reform has coincided with 36,000 formal job losses and 6,905 business closures, with registered private employment declining for 13 consecutive months. Informality has risen to 45% of the employed, and private-sector salaries have lost purchasing power. The data suggests the reform's economic costs are materializing, though causality and broader economic context remain uncertain.