News of wages

Wages suffered record drop after Milei devalued peso

26-03-2024 07:43 Private-sector wages fell the most in nearly three decades after President Javier Milei’s currency devaluation, according to a new government report.

WAGES STUDY

Falling wages: 12 years of lost purchasing power in Argentina

12-03-2024 12:23 New study shows evoluation of Argentines’ wages over past 12 months and points to economic sectors likely to gain traction this year.

EMPLOYMENT

Wages have plunged 18% in Milei’s first 50 days, says economist

06-03-2024 14:33 During the first 50 days of Javier Milei’s government, wages experienced a real fall of 18%, says a new report.

ARGENTINA IN CRISIS

Milei’s ‘no money’ slogan put to the test – but is there patience?

22-02-2024 16:46 Enthusiasm abroad for Javier Milei's presidential project is not matched by growing unrest on the streets of Buenos Aires.

ECONOMIC CRISIS

Milei caps minimum wage rise at 30% amid soaring inflation

21-02-2024 13:13 La Libertad Avanza leader backtracks on vow not to set minimum wage unilaterally; 30% hike over next two months for low-paid workers; Unions and employers fail to reach agreement.

PRESIDENTIAL PREDICTION

Milei refuses minimum wage hike, predicts economic 'rebound' on way

18-02-2024 08:45 La Libertad Avanza leader refuses to set minimum wage by decree, forecasts challenging months ahead; Currency controls will be removed this year, leading to economic boost, he predicts.

MASSA'S NEW MEASURES

Argentina lifts wages, welfare in defiance of IMF austerity push

28-08-2023 12:29 IMF approved US$7.5-billion cash transfer to Argentina in August; Negotiations over loan included limits on more public spending.

TRANSPORT CHAOS

Massive bus strike sparks transport chaos in the capital

07-07-2023 15:40 A massive bus strike over a pay dispute complicated public transport in and around the capital on Friday, dampening the mood of passengers and causing chaos for commuters in the Buenos Aires Metropolitan Area.

PROTESTS IN CAPITAL

Thousands march for jobs, wages and against poverty

17-05-2023 23:11 Demonstrators turn out in large numbers for 'Marcha Federal Piquetera,' setting up camp in Buenos Aires as they press government for greater social assistance, improved wages and more jobs.

Bloomberg

Most of Argentina’s poor kids have at least one working parent

15-02-2023 23:20 In the first half of last year, 9 out of 10 children living in "monetary poverty" in Argentina came from households where at least one person had a job, according to a new UNICEF report.

LABOUR TENSIONS

Strike off as teamsters secure 107% pay hike in wage talks

27-10-2022 19:28 Threat of national strike extinguished as Camioneros, led by the Moyanos, secure 107 percent pay hike and a bonus of 100,000 pesos for union members.

LABOUR TENSIONS

Strike paralyses tyre production, forces closure of car plants

26-09-2022 21:55 A strike by workers demanding higher wages has brought tyre production and activity at two major car factories in Argentina to a complete halt.

Football

Brazil’s football clubs dominate the continent – and the gap is getting bigger

12-09-2022 14:59 A look at the prizes up for grabs and the budgets dedicated to playing staff expose huge asymmetries between football in neighbouring Brazil and here at home. With Argentina’s economy in crisis, it’s no wonder that Brazilian sides have picked up four of the last five Libertadores titles.

by Agustín Colombo