Updated 12/03/2020 17:00
In one year, unemployment
rose from 10.6% to 14.2%
But the decrease in the possibility of
finding a job
led a large part of the unemployed to a situation of
discouragement in the search for employment
, which is why, largely due to the effect of the pandemic and quarantine,
the participation of the population in the labor market
and the number of jobs available.
For this reason, "if this discouragement effect had not been generated, unemployment would have increased
to levels close to 27.3%,
" says the Observatory Report.
For this reason, the director of the Observatory of Social Debt of the UCA, Agustín Salvia, points out that “the current crisis generated a
significant loss of jobs,
producing more unemployment and greater job discouragement.
This situation reduced the real labor income of the households, especially for the informal and poorer sectors, but also for the formal or quasi-informal lower middle classes. "
As Salvia observes, "the situation produced a new increase in
income poverty, multidimensional poverty and structural poverty
- the poor by income and with 3 or more basic social deprivations. Social programs and direct food assistance compensated a Part of this deterioration, but they were not enough, nor did they seem to be sustainable ”.
Although the "discouragement effect generated a change in the composition of the labor market that cushioned or concealed the deterioration of the labor situation", the Report states that "in 2010 only 43.6% of the economically active population had full employment of rights, while 27.4% had a precarious job, 14.8% unstable underemployment, doing trades, temporary or unpaid jobs, or being beneficiaries of paid employment programs and 14.2% were unemployed. ”.
Salvia concludes that “the country has been falling for more than half a century and now it seems to us that it is hitting rock bottom, but everything can always be worse and the fall continues.
It is useless to blame the pandemic, which has aggravated the crisis and made it more visible.
Hence a necessary question: "what is the way out?"
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