Argentina loses 465k private jobs, 32k firms since Milei took office

A CEPA survey during Pope Leo XIV's visit reports 465,811 registered private-sector jobs and 32,290 employers lost since November 2023, alongside falling purchasing power, rising delinquency, and social spending cuts. The data is from a think tank critical of the government, so figures are contested; the trend of labor market deterioration under Milei's adjustment is consistent with other indicators. This matters as it quantifies the social cost of austerity ahead of midterm elections.

AI disclosure: Model-written summary of the source, not a verified fact. Check the sources. How Mosaic works