The participation of workers in the gross value generation It decreased in the second quarter of this year beyond the incipient salary recovery highlighted by the government.
According to data from National Institute of Statistics and Censuses (INDEC) the labor factor represented 43.4% of the total gross value added by the economy during that periodwhich implies a loss of 1.65 points compared to the same period in 2023.
The data corresponds to the Income Generation and Labor Input Account prepared by the statistical agency.
“In the second quarter of 2024, lCompensation for salaried work (RTA) increased 231.1% compared to the same period in 2023,” states the official report.
It should be noted that the Gross Added Value only takes, as its title says, the value that It is added in each section of the value chain excluding taxes. It is different from Gross Domestic Product (GDP) only includes the final price plus taxes.
The INDEC report specifies that the participation of the gross operating surplus (EEB), which corresponds to the results of the companies’ activities “represented 45.1% of the GVA, with a falle 0.01 points compared to the same quarter of the previous year.”
Only two sectors lost this year, in addition to salaries: commerce, with a year-on-year drop of 2.33 points, and industrial activity, with a drop of 1.85 points. Instead, financial intermediation rose 2.33 points; the field, 1.51; and the exploitation of mines and quarries, 0.56 points.
Independents, meanwhile, generated 13.8% of the added value, while 2.2% represent taxes paid during the period.
In net numbers, In the second quarter, $465.9 billion were generated, of which $202 were compensation of employees, $210 was the gross surplus of companies and $64.1 billion were the income of independents.
If the comparison is made Compared to the last quarter of 2023, the share of salaries fell 2.1 points; that of companies improved 1.9 points and independents lost 0.2 points.
In the case of companies, it is noteworthy that although this year they have been reflecting a drop in their turnover, at the same time they have made adjustments that allow them to report positive profitability to the market in the case of those that have open capital or have issued debt.
Source: Ambito
I am an author and journalist who has worked in the entertainment industry for over a decade. I currently work as a news editor at a major news website, and my focus is on covering the latest trends in entertainment. I also write occasional pieces for other outlets, and have authored two books about the entertainment industry.
