A report of the Ecolatina consultant indicates that the growth moonlighting in Argentina. The work indicates that the 10% of workers have more than one job and there is a growth of 25% since the beginning of 2018.
The multiple employment, they indicate from the consultancy, is not necessarily associated with the objective of propping up income for avoid falling below the poverty line. It is also linked to the need to maintain a certain standard of livingsince it shows a marked growth in higher deciles.
From this, it can be understood that in Argentina “the problem is not employment but its quality“: low income stimulates participation in the labor market and what does not adjust for quantities not only adjusts for prices but also for welfarereducing leisure time and education, for example.
More work, less quality and income
From ecolatinassure that in the last time there was a record growth in labor market participation. The Economically active population (PEA), which includes both people who work and those who are looking for a job reached 48.3% in the first quarter of the year, a value that despite being high, did not imply an increase in unemployment.
On the contrary, the vacancy rate was kept by below 7%at the same time that a employment expansion: Four. Five% of the population is busya record also unpublished.
“As is usually pointed out, this performance hides Two not so positive factors: the income and the job quality“, they indicate in the report.
First of all, the income of workers continue depressed (accumulate a retracement close to 20% since 2017) and are continually put in check with a inflation that does not give up
On the other hand, the quality of employment also appears in the center of the scene. since 2018 only one in four jobs created was under the category of registered wage earnersthe rest operate under the informality I self-employment.
Why is moonlighting growing?
Just as it is held that the drop in household purchasing power encourages insertion into Work market of new family membersthis phenomenon can also cause people to seek to shore up their income with a additional employment. Thus, the effect known as “additional worker”characteristic of periods of crisis, they explain from the consultant.
Using microdata from the Permanent Household Survey (EPH) published by INDEC, we found that almost 1.15 million people of the reference population (31 urban agglomerates) had more than one job in the first quarter of 2023 (8.6% of the employed).
Furthermore, in the first trimesterdue to seasonal issues, moonlighting is somewhat less to the average of the year. In this way, from Ecolatina, foresee that throughout the year the number of people with more than one job reaches 1.4 million (more than 10% of the employed), exceeding 2 million if we extrapolate this value to the total population.
Moonlighting: Who goes out to look for another job?
He 60% of people with multiple jobs are womenand almost half they are persons under 40 years. Besides, one in three “mulriempleados” corresponds to the age range between 30-40 years. On the other hand, the 85% of those who meet this characteristic are heads of household or their spouses. Just as the insertion into the labor market tends to occur in other members of the family, multiple employment falls on the main referents of the household.
From the report, they also explain that a distinctive aspect of moonlighting is that, contrary to what happens with informality and self-employment (two characteristics of the precariousness of the labor market) it has a more “democratic” distribution: almost half of the people with more than one job are located in the three highest deciles of per capita family income and only one in four is in the three most neglected deciles.
Source: Ambito
