translated from Spanish: 154 dismissals are recorded per day so far of the year: which sectors are most affected?

a report prepared by the Centre of economy policy Argentina (ECA) revealed that in what is this 2018, 154 dismissals or suspensions are accounted for by day. In addition, in July were 6.588 layoffs, more than double of 3.129 cases detected in 2017.

In total, during the first seven months of this year, there were 32.794 dismissals or reductions of working hours, of which 12.532 are 20.262 private and public employees. This implies an average of 4.684 unemployed per month.

In addition, “considering data from the first seven months of 2017, dismissals and suspensions in the same period in 2018 represent an increase of nearly 30 per cent”.

According to the report of the Center, there are two sectors that suffer from this phenomenon fully: the services and industry, which account for 77 percent of cases.

Within the industry, lead the dismissals sectors textiles, followed by food and beverages, automotive, auto parts and metallurgy. While that services stands out in trade, which has a percentage of 55% of dismissals and suspensions. Other affected sectors are health, food, security, service, medicine, among others, tolls stations.

Meanwhile, in the public sector, redundancies occurred in organizations decentralized like Conicet, roads, INTI, SENASA, municipalities, ministries and enterprises as YPF, Ferrobaires, YCRT, Fadea and FM state capital.

layoffs report CEPA trade service s

Original source in Spanish