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INDEC confirmed that 3,757,000 jobs were lost between April and June due to the pandemic

2020-10-15T20:54:53.922Z

It is because during the quarter, and due to mobility restrictions, many workers were unable to work, lost their jobs or were unable to go out and search.



Ismael Bermudez

10/15/2020 5:42 PM

  • Clarín.com

  • Economy

Updated 10/15/2020 5:42 PM

INDEC put the number of

jobs lost nationwide

during the first three months of the pandemic and quarantine:

 3,757,000 during the second quarter of this year.

From 20,879,000 worker positions that existed in the first quarter, it rose to 17,122,000.

A drop of 18%

, according to the INDEC Report.

All types of work were affected, but with greater force they hit

wage earners "in black" and the self-employed,

also informal.

Due to the pandemic, these 3.75 million workers lost their jobs or could not work in the second quarter of this year, during the period of greater restrictions on activity.

In this context, unemployment went from 10.4% to 13.1%.

You have to go back to the third quarter of 2004 to find a similar unemployment rate, as reported by the Labor Ministry a few weeks ago.

In turn, the level of employment collapsed 8.8 points: from 42.2% to 33.4%.

The workforce fell by similar numbers: from almost 20 million to just over 16 million.

This is so because almost 4 million people who in the first quarter

were employed or unemployed looking for work, did not look or could not look for another occupation in the following quarter.

For all this, the activity rate fell from 47.1% to 38.4%.

This explains why the number of unemployed has grown by barely 60,000 people, reaching 2.1 million people.

Meanwhile, in relation to a year ago, INDEC says that “in the second quarter of 2020, total jobs show a decrease of 16.8% compared to the same quarter of the previous year, due to a variation in the salaried jobs of -12.9% - and a reduction in non-salaried jobs of 28.6% ”.

Due to the suspensions and reduction of working hours, "the

fall in hours worked

(-34.6%) was higher than that registered in jobs, so that the hours per job showed a retraction of 21, 4% compared to the second quarter of 2019 ", says INDEC. 

Of the 3,757,000 jobs lost, 289,000 corresponded to registered employees, 1,695,000 to informal employees, and 1,774,000 to self-employed workers.

By activity, for example, domestic staff suffered a loss of almost 600,000 jobs, construction nearly 400,000 and hotels and restaurants 304,000.

On the other hand, the drop among registered wage earners is significant because layoffs were prohibited and double compensation was in force for layoffs without cause. 

In this way, the employment chart for the second quarter was configured as follows:

+ Registered wage earners: 10,294,000, which is broken down into 6,801,000 from the private sector and 3,493,000 from the public sector.

+ Non-registered wage earners 3,178,000.

+ Own-account workers 3,649,000.

Despite the greater loss of unregistered jobs, agriculture, construction and domestic service continue to have more undeclared than formalized personnel.

Meanwhile, the INDEC data compared with those of the Social Security, it appears that

half of the self-employed and self-employed are not registered,

The largest unregistered salaried jobs are concentrated among domestic staff (598,000), commerce (562,000), construction (364,000), agriculture and livestock (510,000), manufacturing industry (327,000), private health and social services (177,000), transportation and communications (165,000), and hotels and restaurants (83,000).

The INDEC clarifies that the number of jobs is greater than that of those occupied because “people can have more than one source of income from employment, either because they work for more than one employer or because in addition to working for one or more employers are self-employed ”.

Thus, "the number of jobs in the economy

exceeds the number of people employed

to the extent that some wage earners have more than one occupation," says the agency.

Look also

La Plata: another endless queue to sign up for eight jobs

Employment in Argentina: "I invite each mayor to sit in the chair of the unemployed"

Source: clarin

All business articles on 2020-10-15

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