As of last March, 268,000 jobs were recovered from the minimum produced by the pandemic in July 2020. Thus, There are 15 months of net growth in private employment in Argentina.
Although the data is encouraging since private employment has recovered what was lost in the pandemic, CEPA highlights that 193,000 new jobs must still be created to reach the employment levels prior to the crisis of the government of Mauricio Macri.
The recovery in March was mainly driven by the construction (+4,000), commerce (+4,000), education (+3,700) and industry (+3,300) sectors.
The recovery of private employment is, however, heterogeneous at the national level. The data shows that 18 of the 24 provinces (75%) already have higher levels of employment than in February 2020, when the coronavirus pandemic began in our country.
The NEA and the Center regions lead the recovery of registered private employment, while the Federal Capital, Cuyo and the NOA are the regions that present the most difficulties in recovering pre-Covid-19 employment levels.
The most complicated situation is presented by the province of Mendoza, which is the only one that remains at levels notably lower than those registered in the pre-pandemic.
Source: Ambito
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