Overview
- September’s SIPA data show 6.198 million registered private salaried workers, a monthly drop of 10,600 jobs or 0.2%.
- Total formal employment reached 12.84 million in September, with 10.05 million registered salaried workers and an overall monthly decline of 0.1%.
- Sectorally, six industries cut jobs in September, led by mining (-0.7%) and manufacturing (-0.4%), while only fishing (+3.5%), utilities (+0.1%), and education (+0.1%) grew.
- Seventeen of 24 jurisdictions lost private salaried jobs in September, with the steepest falls in Tierra del Fuego and Misiones (both -1.2%) and the largest gain in Chubut (+1.0%).
- Independent work fell 11.9% year over year due to a 63% plunge in monotributo social after rule changes, even as monotributistas increased month to month; CEPA and LCG also report sizable employer and registered-job losses since late 2023 as Congress debates labor reform.