Argentina private sector employment falls 0.5% in H1, 246k quality jobs lost since Nov 2023

Registered private sector employment in Argentina fell 0.1% in June, capping a semester decline of 0.5% and another 46,000 quality jobs lost, totaling 246,000 since November 2023. The stagnation reflects reduced economic activity, signaling persistent labor market weakness. This matters as sustained job losses could weigh on consumption and growth, though the data is backward-looking and may not capture recent policy shifts.