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6.4

Argentina's informal economy expands as formal employers drop by 32,000

Since the current administration took office, Argentina has lost 32,000 formal employers, yet unemployment has not risen proportionally, indicating a shift to the informal economy. This suggests that official labor statistics understate the true state of the labor market, complicating economic policy and market assessments.

La Nación (Argentina)about 3 hours agoARCredibility 31%View source

Score Breakdown

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

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