According to the IARAF, this increase in the relative participation of employment responds to data from January 2025 according to de -stationalized data. What results he threw.
In January 2025, the relationship between registered public employees reached the 54.7 public employees per 100 private employeesaccording to dissecting data. This represents a slight increase compared to November 2023, when that proportion was of 54.3. If private employment had not fallen between December and January, the relationship would almost have been stable.
According to a report by Nadín Argañaraz (Iaraf), this increase in the relative participation of public employment It is not explained by a growth of this sectorbut for a most pronounced fall of private employment In the last fourteen months. In a general retraction scenario of formal wage employment, The adjustment felt more strongly in the private sector.
Between November 2023 and January 2025, private wage employment fell 1.9%equivalent to the loss of some 124,000 jobs. In the same period, wage employment in the public sector 1.4% were reducedthat is, around 49,500 workers.
Public wage earners every 100 private.png
The most recent evolution, corresponding to the month of January 2025 (last data available), confirms this trend. Compared to December 2024 -and without seasonality -private employment was reduced by a 0.1%while public employment had a slight rebound in 0.1%. This variation caused the relationship between both types of employment to go from 54.6 to 54.7 In a single month.
What to wait forward?
According to Argañaraz, if current dynamics are maintained, the proportion of public employment could continue to grow, even without incorporations to the State. This is because The evolution of the relationship between the two sectors is strongly determined by the recovery – or not – of private wage employment.
“Facing the future, the decrease in the relationship will depend mainly on the increase in private employment,” the economist closed.
Source: Ambito
