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6.4

Argentina: Milei labor reform fails to stem job losses; 32,000 firms close

Eight months after Argentina's labor reform under President Milei, registered employment continues to decline and over 32,000 companies have closed, according to an RDI analysis. The reform's effectiveness is now in question, with the government's claims of job creation contradicted by official data. This weakens Milei's economic narrative ahead of midterm elections.

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Perfilabout 8 hours agoARCredibility 35%View source

Score Breakdown

Mosaic Score6.4
Model confidence0.5
Significance0.5
Source credibility0.3

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Argentinacountry
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