Argentina: Stable dollar masks 14-month private job decline, rising country risk

Economist Federico Pastrana highlights a paradox in Argentina: the government controls the dollar and runs a record trade surplus, yet private registered employment has fallen for 14 consecutive months, country risk is rising, and popularity is declining. This suggests underlying economic stress that could challenge the sustainability of the current policy mix.

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