job creation has 28 consecutive months of growth

job creation has 28 consecutive months of growth

The Mining Secretariat He highlighted this Monday that the activity “marks 28 consecutive months of job creation”, in addition to showing significant “growth at the business level” and a year-on-year increase of 28.5% in the generation of jobs for women.

The data was highlighted by the Ministry of Mining, Fernanda Avilawho specified in his Twitter account that “for more than two years” the activity “generates new jobs without interruption”, with numbers that “they reflect the commitment to develop the full potential of the activity in our country”.

Official data indicates that as of November 2022 there were 37,764 workers in the sector, with more than 3,500 new positions since the same month of 2021.

image.png

“The sector also showed growth at the business level: 1,052 operating companies were counted,” He added, while noting that “the most prominent item was lithium production, with the incorporation of 904 workers in the last 12 months.”

Likewise, the Secretariat highlighted in a statement that “Between January and November 2022, mining generated 744 new jobs for Argentine women” with an increase “of 28.5% in interannual terms”.

image.png

Besides, In the first two months of 2023, the commercial balance of the companies that make up the project portfolio showed a positive sign of US$566 million, 25.3% more than in the same period of 2022.

In February, These companies showed a trade surplus of US$237 million, the result of exports of US$283 million and imports of US$46 million.

“In this way, the exports made by this group of companies were more than six times greater than their imports”, highlighted the distribution in the report of the “Commercial balance of the main mining projects” corresponding to March.

The data accumulated in January and February show that, for every US$100 exported, the mining projects considered imported approximately US$13, although with a noticeable difference between lithium and the rest of the minerals.

In this sense, Mining stressed that “for metal projects (gold and silver) the ratio (between exports and imports) reached a value of 6.3% in February, at the same time as the accumulated value of the first two months of the year this ratio reached 5.3%”.

“While lithium projects, where both projects in production and expansion are considered as well as those under construction and in other previous stages, showed a ratio of 53.5% in February and in the accumulated of the first two months, of 42 .8%”.

Source: Ambito

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest Posts