Argentina’s labour market faces a growing public concern: having a job no longer guarantees a decent living. While 2003–2012 brought falling unemployment, rising real wages, lower inequality, and more formal jobs, prolonged macroeconomic instability and weak productivity have since eroded these gains. Today, the central challenge is less about finding work and more about finding “good work”. Real wages have fallen, informality remains widespread, working poverty has increased, and human capital among younger generations is weakening. Addressing these challenges requires more than macroeconomic stability—it also calls for stronger formal job creation, better education, higher productivity, and sustainable wage growth.
World of Labour
When having a job no longer automatically means a better life
