Overview
- Registered employment fell by 124,735 over the last year and by 322,412 since November 2023, according to the Secretaría de Trabajo.
- Losses centered on payroll jobs as private salaried positions dropped by 94,198, the public sector by 29,372, and domestic work by 1,174, while independent work grew but did not make up the gap.
- Only two provinces—Neuquén up 5.1% and Río Negro up 2.3%—exceed pre‑Milei job levels, with 22 provinces down and national employment still about 3.2% below November 2023, Politikon Chaco reported.
- The Superintendence of Occupational Risk counted 1,632 fewer employers in January and 24,240 fewer companies since the change of government, leaving 488,177 productive units active.
- Paychecks are losing ground as the median real wage fell 2.5% year over year into January 2026, the wage share of output slipped to 44.4% in Q4 2025, and registered workers logged fewer hours.