ECLAC warned that Argentina is the only country where wages have fallen to 10%



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ECLAC badysts reviewed data from Argentina, Brazil, Chile, Colombia, Costa Rica, El Salvador, Mexico, Nicaragua, Panama, Peru, and Uruguay. have maintained their forecast of a decline in economic activity in our country at 1.8%. 2019 postponed Julian Guarino in domain.com.

"For the remainder of 2019, the contractual bias in fiscal and monetary policies, as well as Brazil's lesser economic growth, is expected to have a negative impact on public and private consumption, investment and exports in the manufacturing sector, and a negative impact on the economy. a slight recovery in real wages will have a small positive effect on domestic demand, "says ECLAC's Economic Survey for Latin America and the Caribbean.

Besides the decline in real wages, "the report also reports other equally worrying phenomena, such as the decline in registered wage employment, the increase in underemployment, the increase from the informality of work and the resulting increase in self-employment, "they reported from the Labor Observatory. International Situation and Foreign Policy (OCIPEx).

To these data The 71% increase in the number of people in our country who are suffering from "moderate or severe food insecurity" is addedaccording to data from the Food and Agriculture Organization (FAO), the International Fund for Agricultural Development (IFAD), the United Nations Children's Fund (UNICEF), World Food Program (WFP) and the World Health Organization (WHO).

According to these reports, that Guarino has compiled, in total, 14.2 million people were registered in this situation between 2016 and 2018, compared to 8.3 million during the period 2014-2016. This is one of the largest leaps recorded worldwide with African countries such as Nigeria, Egypt, Sierra Leone and Botswana, and Asians of Tajikistan and the United States. # 39; Afghanistan.

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