News of unemployment

US stocks fall amid worries over growth, Delta strain

08-07-2021 11:53 Wall Street stocks tumbled, threatening global growth due to bond yields and increasing prevalence of the Covid-19 Delta variant.

ECONOMIC INDICATORS

Unemployment dropped slightly to 10.2% in first quarter

26-06-2021 00:11 GDP grew 2.6% from the previous quarter, higher than economists expectations of a 2.3% increase.

BRAZIL UNDER BOLSONARO

Unemployment in Brazil hit record 14.7% in first quarter

27-05-2021 12:24 Unemployment in Brazil reached a record level of 14.7% in the first quarter of the year, 2.5 points up compared to the same period in 2020, official sources reported on Thursday.

BRAZILIAN ECONOMY

Brazil registers record 14.4 million unemployed

30-04-2021 15:53 Pandemic-battered Brazil registered a record 14.4 million unemployed workers in the three-month period to February 2021, up two million from the year before, officials said Friday.

AS I SEE IT

Back to square one

10-04-2021 08:11 For poorer countries, among them Argentina, salvation is still a long way off.

by James Neilson

GRIDLOCKED

‘Imbeciles,’ restrictions and elections

10-04-2021 08:06 It is common to hear people in Argentina complaining that issues have become politicised, meaning that powerful people representing conflicting interests have gridlocked an issue.

by Agustino Fontevecchia

ECONOMIC INDICATORS

Wages continue to lose out to inflation, pushing poverty up

03-04-2021 08:43 Salaries rose 29.6% in 12 months up until February, while prices rose 38.5 percent over the same period.

INTERVIEW: PERIODISMO PURO

Niall Ferguson: ‘It's silly for the left to claim that austerity is conservative’

03-04-2021 07:49 Scottish historian, professor and brilliant polemicist Niall Ferguson on the coronavirus pandemic, the global economic outlook and the causes of Argentina’s economic failure.

by Jorge Fontevecchia

ECONOMIC INDICATORS

Unemployment rose to 11% in the fourth quarter of 2020

25-03-2021 18:24 Argentina's unemployment rate rose to 11 percent in the fourth quarter of 2020, rising 2.1 percentage points from a year earlier.

EDITORIAL

A year of living dangerously

20-03-2021 08:40 Thursday’s nationwide broadcast was widely criticised and mocked, but in his guarded and indirect manner President Fernández was telling it like it is regarding a central problem which too many ignore.

ALBERTO'S PIVOT TO KIRCHNERISMO

Radicalised

06-03-2021 08:11 It is troubling to see how both President Alberto Fernández and certain leaders in the opposition have given up their “post-grieta” posture all too quickly, proving their political and ideological fragility.

by Agustino Fontevecchia

ECONOMIC PLANS

Guzmán: ‘Austerity is not the way to go’

13-02-2021 09:01 At a talk hosted by Brown University, Argentina’s economy minister says the nation has a “thin corridor through which the economy has to transit,” as speculation grows over debt talks with the International Monetary Fund.

by Jonah Shrock

2020: THE YEAR IN REVIEW

2020: The year that was

02-01-2021 09:27 Economic crisis, rising poverty and unemployment, debt talks, creditors, the IMF, wealth tax, squatters, a police mutiny, the failed appropriation of Vicentin, alleged AFI espionage, ‘lawfare,’ corruption, legalised abortion, diplomacy, disappearances, the death of Diego Maradona… a lot happened in Argentina over the past 12 months, but it was all overshadowed by Covid-19.

by Michael Soltys

UNITED STATES

Trump will be gone, but trauma of 2020 may haunt Biden

26-12-2020 10:06 Even with Donald Trump gone and Joe Biden promising to heal the nation there'll be no quick return to normal in 2021.

AS I SEE IT

The great coronavirus war

26-12-2020 09:38 What made the coronavirus pandemic so special was not the mortality rate but the almost universal decision to tell people to stop “non-essential” work and hunker down until a vaccine relief force finally put an end to the siege.

by James Neilson

BLOOMBERG

Lengthy Covid lay-off ban backfires, postponing job crisis

12-12-2020 08:53 Companies have been banned from firing workers since March, with the prohibition was recently extended into 2021. But many firms have resorted to suspensions, effectively postponing future job cuts.

POLITICAL INSTABILITY

On the verge of another nervous breakdown?

14-11-2020 09:16 More of the usual will generate similar outcomes as we’ve seen in the past: stagflation, polarisation, and a growing bureaucracy. It’s time for our political class to take charge of the situation to avert another disaster.

by Agustino Fontevecchia

US ELECTION 2020

Poverty stalks United States' middle class amid pandemic

01-11-2020 09:27 Eight million more people have been driven into poverty as the United States struggles with the world's biggest coronavirus outbreak – triggering tens of millions of layoffs and a sharp contraction in growth.

Global pandemic

Pandemic drives Brazil jobless rate to record 14.4%

30-10-2020 14:15 Brazil's economy lost 4.3 million jobs between July and August, bringing the total number of unemployed to 13.8 million people, the government said.

BLOOMBERG

Government mulling incentives for job growth, says Labour minister

27-10-2020 13:16 Argentina is considering fiscal incentives to encourage companies to hire workers after unemployment spiked to the highest in at least 16 years amid the pandemic, says Labour Minister Claudio Moroni.

POLITICS & THE PANDEMIC

Supreme suspense in court

03-10-2020 09:49 These are busy days for the Supreme Court, which is caught in the middle of the fierce political polarisation that has dominated Argentine politics since the rise of Kirchnerismo in 2003.

by Martín Gambarotta

POVERTY & THE PANDEMIC

Argentina’s poorest struggle in face of crisis, pandemic

03-10-2020 09:06 More than 45% of people living in Salta City are now considered poor. With jobs few and far between and incomes going down the drain, the poverty-stricken are being forced to adapt in their struggle to survive.

by Nick Evans

POLITICS & THE PANDEMIC

Unemployment, the other pandemic

26-09-2020 10:15 Will this relentless agitation unleash the kind of volatility that rattles the very standing of the government, less than a year after winning the elections?

by Martín Gambarotta

ECONOMIC INDICATORS

Unemployment in Argentina rises to 16-year high of 13.1%

23-09-2020 19:37 Joblessness rose to 13.1% in the second quarter of the year, INDEC reveals, revealed Wednesday, pushed higher by economic turmoil and the coronavirus pandemic.

GUERNICA, PBA

Poverty-stricken defy courts and coronavirus to occupy land

05-09-2020 09:06 On the southern fringes of Buenos Aires, at the worst moment of the coronavirus pandemic, some 2,500 families are defying both the courts and Covid-19.

GUEST VOICE

Tourists will return, but how many of us will be left?

29-08-2020 09:14 In Salta Province, we are one of 164 travel agencies; there are 530 hotels and more than 1,200 bars and restaurants, many of whom rely on free-spending holidaymakers to improve their profit margins.

by Nick Evans

PERIODISMO PURO / INTERVIEW

Matías Kulfas: 'We believe in an active state, which complements the market'

29-08-2020 08:36 Argentina’s Productive Development Minister on post-pandemic Argentina, the state’s role in the economy and balancing public accounts.

by Jorge Fontevecchia

COPING WITH THE PANDEMIC

Slum priests, jack-of-all-trades in Buenos Aires’ villas

08-08-2020 09:59 Local church leaders take on all tasks, as they help to keep residents and their communities afloat during the coronavirus pandemic.

CRISIS AHEAD?

Debt deal sealed, but Argentina’s economic woes remain

08-08-2020 09:36 Experts say deal with bondholders ‘takes pressure off’ the government, but warn renegotiating terms of US$44-billion loan with IMF is now the urgent concern.

AS I SEE IT

Alberto, Cristina and a sinking economy

25-07-2020 09:45 Macri’s experience suggests that Alberto’s chances of convincing the moneymen that it would be in their interest to lend Argentina a hand right now are close to zero.

by James Neilson

POLITICS & THE PANDEMIC

Don't plan on a plan from Fernández

25-07-2020 08:20 By shunning “plans” Fernández is emulating his former boss, late former president Néstor Kirchner, who preferred to deal with issues as they came along without committing to a plan that could be easily derided.

by Martín Gambarotta

Global pandemic

Jobless and desperate: post-lockdown reality kicks across globe

23-07-2020 11:26 Many workers' lives have been abruptly upended by the coronavirus pandemic, as job losses in tourism, air travel, food and drink or other industries, hit those both on fixed contracts and in the informal sector.

PERIODISMO PURO / INTERVIEW

Hernán Lacunza: ‘We can’t reset the economy every four years, as we’ve been doing since 1945’

18-07-2020 08:30 Former finance minister Hernán Lacunza on Argentina’s debt restructuring efforts, the impact of the coronavirus pandemic, inflation and more.

by Jorge Fontevecchia

AIRLINES & TOURISM

LATAM airline departs Argentina as virus crisis hits home

20-06-2020 10:03 Chilean-Brazilian airline LATAM – which filed for bankruptcy in the US last month – announces its subsidiary in Argentina will cease operations for an indefinite period. More than 1,700 jobs now at risk.

PROTESTS AGAINST RACISM

Trump: US job numbers make it for a 'great day' for George Floyd

06-06-2020 09:52 Eleven days after Floyd's death while handcuffed in the custody of Minneapolis police, Trump said such violence can't be allowed to happen.

ECONOMIC INDICATORS

Unemployment rate dropped to 8.9% in last quarter of 2019

27-03-2020 00:01 Argentina's unemployment rate fell in the fourth quarter of 2019, the INDEC national statistics bureau revealed Thursday, adding that underemployment rose.

Economic indicators

Data shows businesses in Argentina cutting jobs amid crisis

09-03-2020 08:00 Argentina lost 28,500 private sector jobs in December, the worst monthly decline in four years, according to government data released on Thursday.

Bloomberg

Coronavirus fallout and Congress obstacles put pressure on Bolsonaro

04-03-2020 15:03 Brazilian leader is struggling to engineer an economic take-off, as list of challenges grows.

US GROWTH

Trump rejoices at the surge in job creation, adding 225,000 posts

07-02-2020 20:32 The US economy saw an explosion of new hiring in January. President Donald Trump, who has emerged intact from his impeachment trial, can now trumpet his economic record as he battles to win re-election in November.

Economic Crisis

Unemployment reached 9.7% in third quarter of 2019

19-12-2019 15:04 Racked by economic crisis, Argentina's joblessness rate has actually shown slight improvement.

Transition 2019

Economic crisis looms large as Alberto Fernández assumes office

09-12-2019 17:37 Against a backdrop of near-economic disaster, president-elect's biggest challenges will be leading the country out of recession – and navigating his coalition government.

Transition 2019

Fernández lines up Marco Lavagna to head INDEC statistics bureau

27-11-2019 17:02 Lawmaker and son of the former economy minister Roberto Lavagna will lead the national statistics bureau, president-elect confirms.

NATIONAL STATISTICS BUREAU

Government pushes bill to protect INDEC bureau from 'political pressures'

22-11-2019 10:48 Bill sent to Congress would turn bureau into independent and autonomous unit, amid fears Kirchnerite figures may intervene in institution after December 10.

REGIONAL UNREST SPREADS?

Colombians fill streets hoping to channel wave of discontent

22-11-2019 10:08 Colombians angry with conservative President Iván Duque and hoping to channel Latin America’s wave of discontent took the streets by the tens of thousands Thursday in one of the biggest protests in the nation’s recent history.

Health and Wellness

Studying, meditation, therapy? Finding a way through Argentina's crisis

15-10-2019 18:02 With presidential elections looming and an the economic downturn dragging on, many are finding their own ways of coping with mental stress.

UNEMPLOYMENT

Bakery in Misiones receives thousands of applicants after job posting

11-10-2019 20:14 Unemployment and underemployment crisis reveals itself at small bakery in Posadas, where a search for 15 workers resulted in a line of applicants stretching almost a kilometre long.

Election 2019

Kicillof: 'There are people selling drugs because they have lost their jobs'

07-10-2019 13:50 "From going to the neighborhoods I heard news that due to the drop in employment, there are people who selling drugs," says Kicillof, prompting criticism from Patricia Bullrich and Cristian Ritondo.

ECONOMIC INDICATORS

INDEC: Unemployment rose to 10.6% in second quarter

19-09-2019 19:05 Around 2.5 million people now out of work. INDEC also reveals economic activity recorded a slight recovery of 0.6% in the second quarter.

JOBLESSNESS

As crisis bites, Argentina’s young adults again face risk of jobless future

07-09-2019 00:37 More than 20% of Argentines aged under 30 are unemployed and the situation looks set to worsen in the coming months, with joblessness disproportionately affecting women.

by Lucas Robinson

News of unemployment

US stocks fall amid worries over growth, Delta strain

Unemployment dropped slightly to 10.2% in first quarter

Unemployment in Brazil hit record 14.7% in first quarter

Brazil registers record 14.4 million unemployed

Back to square one

‘Imbeciles,’ restrictions and elections

Wages continue to lose out to inflation, pushing poverty up

Niall Ferguson: ‘It's silly for the left to claim that austerity is conservative’

Unemployment rose to 11% in the fourth quarter of 2020

A year of living dangerously

Radicalised

Guzmán: ‘Austerity is not the way to go’

2020: The year that was

Trump will be gone, but trauma of 2020 may haunt Biden

The great coronavirus war

Lengthy Covid lay-off ban backfires, postponing job crisis

On the verge of another nervous breakdown?

Poverty stalks United States' middle class amid pandemic

Pandemic drives Brazil jobless rate to record 14.4%

Government mulling incentives for job growth, says Labour minister

Supreme suspense in court

Argentina’s poorest struggle in face of crisis, pandemic

Unemployment, the other pandemic

Unemployment in Argentina rises to 16-year high of 13.1%

Poverty-stricken defy courts and coronavirus to occupy land

Tourists will return, but how many of us will be left?

Matías Kulfas: 'We believe in an active state, which complements the market'

Slum priests, jack-of-all-trades in Buenos Aires’ villas

Debt deal sealed, but Argentina’s economic woes remain

Alberto, Cristina and a sinking economy

Don't plan on a plan from Fernández

Jobless and desperate: post-lockdown reality kicks across globe

Hernán Lacunza: ‘We can’t reset the economy every four years, as we’ve been doing since 1945’

LATAM airline departs Argentina as virus crisis hits home

Trump: US job numbers make it for a 'great day' for George Floyd

Unemployment rate dropped to 8.9% in last quarter of 2019

Data shows businesses in Argentina cutting jobs amid crisis

Coronavirus fallout and Congress obstacles put pressure on Bolsonaro

Trump rejoices at the surge in job creation, adding 225,000 posts

Unemployment reached 9.7% in third quarter of 2019

Economic crisis looms large as Alberto Fernández assumes office

Fernández lines up Marco Lavagna to head INDEC statistics bureau

Government pushes bill to protect INDEC bureau from 'political pressures'

Colombians fill streets hoping to channel wave of discontent

Studying, meditation, therapy? Finding a way through Argentina's crisis

Bakery in Misiones receives thousands of applicants after job posting

Kicillof: 'There are people selling drugs because they have lost their jobs'

INDEC: Unemployment rose to 10.6% in second quarter

As crisis bites, Argentina’s young adults again face risk of jobless future

Government complains to Russia over Sputnik vaccine delivery delays

Health Ministry: Argentina has recorded 29 cases of Delta variant to date

Felipe Solá: Brazil's 'hostile attitude has killed debate within Mercosur'

Diego Santilli launches run for deputy in Buenos Aires Province

Porno-politics and Argentina’s digital rumour mill

Elisa Carrió cargó contra Facundo Manes: "Para ir al Congreso hay que saber redactar una ley"

Planes sociales: Massa prepara una ley que el propio Gobierno tilda de "electoralista"

Marcelo D'Alessandro es el nuevo ministro de Justicia y Seguridad porteño

Santoro-Marziotta, la novela del peronismo porteño por dentro

Gritó "Aguante Boca" y se pegó un tiro en la cabeza frente a sus amigos