This was reflected by the organization Found Through its argundata database. The numbers, which arise from the information provided by the Permanent Household Survey (EPH) of INDEC, reported a 28.6% of poor workers in the country.
In agriculture, domestic service and construction, more than half of employed people are poor. They also exceed the general average other activities such as hotels and restaurants, commerce and industry.
At the other end, the financial sector and mining and hydrocarbons appearwhere poverty is less than 10%. “It makes sense: these branches are the best salaries in the entire economy,” he said about it Daniel SchteingartCurator of Argindata and Director of Productive Planning in Fundar.
Poverty among industrial workers exceeds the average economy
However, there are also other sectors that pay salaries above the average, such as manufacturing industrybut that have quite higher poverty levels (of 29.7% in the case of the industry).
One of the hypotheses about the situation of the industry is that households with industrial “boss” are more numerous and “traditional” than those with “boss” used in other branches, which implies a more expensive basic basket (for more members) and less perceptors of income (for a role of the most “traditional” woman).
Another hypothesis among analysts is that the industry includes small activities, such as bakeries or unipersonal workshops that throw down the levels of formality and wages.
Poverty fell at the end of 2024, but salaries are almost 30% below the peak of 2017
It is worth remembering that, contemplating both those who have employment and the unemployed, Poverty reached 38.1% of Argentines in the second half of 2024.
This It meant a reduction of 14.8 percentage points compared to the first half of last year and 3.6 points compared to 2023.
The interannual decrease was a consequence of a dim improvement in real income, favored by the deceleration of inflation. To this was added the Increase in social assistance Through universal child allocation (AUH), the feed card and other plans. “Without that social aid, the 2nd semester poverty rate would have been 39.8%,” Martín Rozada said a few days ago, an Econometrist dedicated to the study of poverty.
Even so, real wages remain at extremely low levels in historical terms. The salaries of formal workers, including the private and public sector, were located in February this year a 26.1% below the last peak of 2017while the loss of purchasing power among informal exceeded 30% versus 2018.
After a sustained improvement between April and November 2024, wages seem to have stagnated since thenat a level that is far from recovering the lost during the last governments. Reflection of this are the peer -up -on -down parity in recent months, while inflation showed acceleration signs.
Source: Ambito
