Bruno Di Mauro spends his days in a tent in front of the laboratory where he used to work, hoping that one day it will resume its activities and give him back his livelihood.
“It’s very distressing. Most of us went out looking for work but didn’t find anything, and for those that did, it’s precarious,” says the 28-year-old former employee of Roux-Ocefa, a laboratory specializing in medicinal products and serum.
The laboratory was closed on October 1 after 83 years, leaving 420 workers jobless.
“Right now what’s most urgent is eating. I have colleagues who’ve fallen into a deep depression, one died due to this depression, another committed suicide. I try to remain upbeat,” added Di Mauro, who formed a workers’ cooperative in the hope of relaunching the lab.
Unemployment rose to almost 10 percent in the second quarter of 2018, up almost two percent from the end of 2017.
In the Buenos Aires metropolitan area, where a quarter of Argentina’s 44 million population lives, that figure is 12.4 percent. In Rosario, 300 kilometres (200 miles) north of the capital, unemployment is at almost 18 percent for the under-30s.
When Ricardo Barrionuevo published an advertisement on October 1 for 10 job openings at his pizzeria, he received 1,000 applicants.
There were another 32,100 lay-offs between January and August, with another 7,000 people put on forced leave. Half of the lay-offs came in the public sector, which has lost 32,000 jobs – 13 percent of the workforce – since December, 2015.
“In September there was a drop in employment, but not an abrupt one,” Dante Sica, national minister for Production and Labour, said recently.
“It hasn’t grown since but has remained stable. The crash was basically in the industrial sector but [employment] has been maintained in the service sector.”
Agronomist Renata Valgiusti, 53, was one of 400 people who lost their jobs in the Agroindustry Ministry in August, while another 300 were laid off in April.
Like many public-sector workers, Valgiusti received no compensation as she was on an automatically renewing contract. However, with 20 years of experience in her profession, Valgiusti is not letting her head drop.
“It’s time to organise yourself and think about creative alternatives to keep going,” she says.
Official figures look bad but experts believe the pinch is felt even harder by undocumented workers, thought to make up 35 percent of the workforce. For every declared job lost, three undeclared ones are yanked.
“The landscape is super difficult,” says Patricia di Pinto, who has worked for a recruitment consultancy for 11 years.
International consultancy Willis Towers Watson says that 56 percent of 454 companies polled said they intend to lay off workers before the end of the year. Back in March, that figure was only 18 percent.