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The number of people looking for work and who have been unemployed for more than a year is growing

2023-03-02T16:10:48.285Z


This indicator could be anticipating a possible retraction in labor demand, they warn in Randstad. In a context of 100% inflation that overshadows the purchasing power of wages, the need for household income is more strongly imposed. A private study shows that 53% of people who are actively looking for work in Argentina are currently unemployed, while the remaining 47%, despite having a job, are looking for an improvement in their professional career and development . professional. This is an


In a context of 100% inflation that overshadows the purchasing power of wages, the need for household income is more strongly imposed.

A private study shows that

53% of people who are actively looking for work in Argentina are currently unemployed,

while the remaining 47%, despite having a job, are looking for

an improvement in their professional career

and development .

professional.

This is an online survey conducted by the Randstad Human Resources consultancy among 1,510 people who are actively seeking employment.

The survey reveals, among other things, that "in the midst of a context of uncertainty about the direction of the economy, there is

a greater participation of unemployed people among the candidates in active search".

Thus, while in February 2022 the proportion of unemployed among job seekers was 50%, in February of this year it rose to 53%.

On these results, Andrea Ávila, CEO of Randstad for Argentina and Uruguay, explains: "In general, the beginning of the year is a time when many people reflect on their life and professional goals and may feel motivated to make a change in his career," he says.

On the other hand, during the first quarter,

companies reactivate the searches for personnel

that they had to postpone due to the hyperactivity that they usually have at the end of the year and because of the holidays.

"This makes job offers increase at this time and generates a perception of greater opportunities available in the labor market," he clarifies.

v1.7 0421

Unemployed people looking for work

Candidates in active search who have been unemployed for more than 1 year increased 14 percentage points.

OCCUPATIONAL SITUATION


OF THOSE SEEKING EMPLOYMENT

UNEMPLOYMENT TIME


OF ACTIVELY SEARCHING CANDIDATES

Source:

Randstad Argentina

Infographic:

Clarín

When comparing these values ​​with those of February 2022, it appears that the participation of candidates in active search who have been

unemployed for more than 1 year increased by 14 points

.

An indicator that must be looked at carefully because it shows

a possible retraction of labor demand, they warn in the firm.

Among unemployed respondents, the study asked how long they have been unemployed.

32% had been unemployed for more than 1 year

, 33% less than 3 months, 21% between 3 and 6 months and the remaining 14% between 6 months and 1 year.

According to these records, even with a global economy that anticipates a contraction scenario and a local context with additional complications derived from inflation, labor demand has been maintaining a solid trend.

"The expectation today is that the global economy stabilizes and rebounds, inflation levels drop and all this allows companies to increase their levels of productivity and income, resulting in the generation of more formal and registered employment," added Ávila.

The study deepened the analysis of

 the main reasons that drive Argentine workers, who, although they already have a job, are seeking to make a job change.

In this sense, the main factors are obtaining

better contracting conditions

(45%);

ambitions linked to a professional career (18%);

personal wishes for change (17%);

organizational causes (3%) and, finally, dissatisfaction with the employer (3%).

“After the great changes that the pandemic definitively established in the world of work, such as remote work, by objectives and under much more flexible formats, it is completely natural that workers aspire to jobs that are more suited to their needs and desires, always having as a focus to achieve a better balance between professional and personal life”, added the Randstad board of directors.

NE

look also

Hybrid work: comings and goings in companies to implement mixed labor schemes

Employment improves in Argentina, but hiring expectations remain among the worst in the region

Source: clarin

All business articles on 2023-03-02

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