In the first half, registered employment remained stagnant

In the first six months of the year, and according to official data, the recorded work in the country remained stagnant.

According to a report prepared by the Integrated Argentine Retirement System (SIPA), based on data revealed by the Survey of Labor Indicators (EIL), the employee employed in ] ] reflects a slight fall as a result of the May currency crisis

In addition, the entity states that the contraction in the level of activity will feed this trend in the future.

The data of the Ministry of Labor of the Nation confirm that there were no significant variations in the first half.

Specifically, in four months only 4,000 workers joined the formal economy a figure that represents 0.03% of workers in this universe, said Diario de Madryn.

At the same time, workers registered under the name of monutributistas who until now still showed signs of increase, have also recently begun to display a negative curve. This represents a significant change from the trend since January 2012 when employees in this category were constantly increasing.

From the National University of San Martín attributed these changes to the modality that favored their expansion into the last two years were self-employment framed in the monotributista regime, which has began to contract at the end of last year.

According to the SIPA report the current disadvantages in the dynamics of work can be seen clearly in the private enterprises more than ten workers where registered unemployment has contracted consecutively in the last four months.

As a result, the cumulative reduction in employment for the year 2018 reached 0.6% which represents According to the Journal of Madryn

the rate of Vacancy reported by the INDEC was 9.1% virtually similar to 9.2% in the same period last year. And the underemployment demanding, which is the employees who work less than 35 hours a week, but who intend to increase this figure, rose to 6.8% in the first quarter, higher than 6 , 6% in 2017.

In this way, the number of unemployed reached 257,000 people, the equivalent of nearly 2% of the economically active population.