The salary accounts They reflect the state of formal employment and offer a clear vision of the real economy. According to the latest report of the Central Bank corresponding to Octoberthe total number of salary accounts reached 10,252,000, which represents an increase in 138,000 compared to 10,114,000 registered in September.
However, when compared to the same month of the previous yeara slight year -on -year decrease of 43,000 accounts is observed, since in October 2023 the total amounted to 10,295,000. In the second half of 2024 a recovery of registered wage employment was evidenced, especially in the private sector.
Although the fall in wage employment has stopped, recovery still does not compensate for what was lost in the first part of 2024, and this trend is also reflected in salary accounts. Among the most beaten sectors, construction stands out, which experienced a 17% decrease in the last twelve months. On the other hand, sectors such as agriculture, fishing and mining show signs of recovery.
According to the analysts of the LCG consultant, the economic activity accumulated seven consecutive months without falls and managed to exceed 0.1% the level recorded in November 2023. This process took 12 months to recover the previous level.
Despite this progress, only one third of the sectors registered year -of -year growth, contributing 0.9% to the total annual variation. The most representative sectors, such as trade and industry, continued to decrease, although with less intensity, and subtracted 0.6% from the general variation.
The Government celebrated the third consecutive month of registered employment growth and real salary in the private sector
With three consecutive months of growth of employee employment registered in the private sector, the government already speaks of the consolidation of a tendency to recover jobs, While another positive number that is maintained: Follow the rise in the average real salary of private registered employment. Are two of the data of October and November 2024 that the Ministry of Labor spread three weeks ago. In this way, according to the statement, this data “They break a contractive phase where 11 consecutive months of net employment fall accumulated with the loss of 180,000 jobs ”.
In work, which leads Julio Cordero, they assured that these data in the months of October and November 2024, which reflect a “Sustained increase” of private registered wage employment and “recovery” of the real average salary.
According to the Argentine Integrated Pension System (SIPA), the salaried employment registered in the private sector grew a 0.1% during October, reaching a accumulated growth of 0.3%, which is equivalent to the incorporation of 17 thousand workers. And according to the results of the Survey of Labor Indicators (EIL), which measures the level of private employee employment in companies with more than 10 workers, there was a 0.2% growth In November in relation to the previous month, with a accumulated increase of 0.7% Regarding August 2024.
Source: Ambito
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