The level of labor conflict in the private sector during the second semester of 2024 was the lowest of the last 19 yearsaccording to records of the Ministry of Labor, Employment and Social Security of the Ministry of Human Capital.
This information arises from the analysis of the historical evolution of conflicts with unemployment, including individual days, and the number of strikers.
Information realizes that 14 conflicts were recorded with unemployment on average per month During the second half of last year, The smallest number since 2006. Compared to the peak of 47 conflicts in 2014, it represents a 71%decrease.
“The monthly average of strike workers has been 15,155, which represents the minimum verified during the same period and a drastic decrease compared to 2008, when the number amounted to more than 100 thousand,” holds a statement from the portfolio that leads Sandra Pettovello.
In 2024, they also registered 42,575 individual days not worked by strikesone of the lowest figures in the historical series in contrast to the 180,000 days of 2009.
Another aspect that stands out is the reduction in the amount of street cuts. In the second semester of 24, they were recorded on average 5 monthly cuts, a significantly lower figure compared to the peak of 34 in 2017.
The reduction of labor conflict can be attributed to various factors, according to the Government: Joint negotiation, which allowed to keep the salary discussion activated, and the slowdown in inflation, which favored a rapid recovery of the purchasing power of the income of registered workers together with the creation of formal employment in the private sphere.
Likewise, it is indicated that the sanction of Law 27,742 of bases and starting points for the freedom of Argentines has been another influential factor by the SANCTIONS APPLICABLE TO ACTIVE PARTICIPATION IN BLOCKS OR TAKES OF ESTABLISHMENTS, which can be configured as a serious labor injury, constituting an objective cause of extinction of the employment contract.
Wages
In December 2024, the medium real salary of private registered employee increased 1.6% in relation to the previous month and continued the growing tendency of purchasing power, reaching the highest value since January 2020according to human capital statistics.
The average taxable remuneration of stable workers (Ripte) was from $ 1,202,928 last month last year.
With this positive monthly variation, it is calculated that The purchase capacity increased by 18% for 2024, and thus managed to overcome the purchasing power of November 2023, after having experienced a 15% drop in the worst time (March 2024).
In this regard, it stands out that, As a result of salary growth for 2024, the purchasing power of the average salary in December 2024 reached the highest level of the last five years.
Employment
In relation to the evolution of Private registered wage employmentofficial statistics show a phase of Moderate and sustained growth, with four consecutive months of expansion. According to the data of the Argentine Integrated System (SIPA), Between August and November 2024, 19 thousand workers agreed to formal jobs, which represents a 0.3% increase compared to the employment level of July 2024.
In December 2024, according to the information provided by the Survey of Labor Indicators (EIL), the registered private employment level (in companies with more than 10 people employed) of the total of the surveyed urban agglomerates presents a 0.2% decrease in relation to the previous monthalthough this fall is attributed to seasonal factors.
In the months of December of each year the level of registered employment tends to contract due to the drag that produces the seasonal fall of employment recorded in the construction and teaching sectors. When the two sectors are excluded transitarily by seasonality, it is noted that the level of private employment private It remains at the same level as the previous month.
Meanwhile, The net expectations of companies regarding the hiring of personnel for the next three months continue in positive and moderate values. Last December, 4.7% of companies that expect to have changes in their staffing, 3.1% expect to increase it and 1.5% expect to reduce it, which shows net expectations of 1.6%.
Source: Ambito
