No layoffs until March 2017 in Argentina

Thursday, November 24th 2016 - 14:20 UTC

Full article 5 comments

The Argentine government reached an agreement Wednesday with businessmen and CGT union leaders that there will be no layoffs until March 2017, to give workers reassurances that that there is a commitment to create new jobs and to preserve the existing ones. Read full article

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Marti Llazo
In Argentina, jobs are not created and maintained for the purpose of profitably producing goods and services, but instead to allow people to maintain the illusion that they appear to be busy.
Nov 24th, 2016 - 03:40 pm - Link - Report abuse 0
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Enrique Massot
More lies from the government and very“flexible” union people, united in an effort to deceive and buy time as the Argentine economy crumbles under president Macri's watch. The “non layoffs” thing ain't going to happen.
Nov 25th, 2016 - 04:57 pm - Link - Report abuse 0
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Marti Llazo
Oh, reekie, can't have a successful economy if you don't produce something that somebody wants, efficiently and for reasonable cost. Argentina need only look in the mirror to see the problem.
Nov 25th, 2016 - 06:11 pm - Link - Report abuse 0
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DemonTree
In Trump's America, jobs will not be created and maintained for the purpose of profitably producing goods and services, but instead to allow people to maintain the illusion that it's still the 1950s and they deserve to be paid more than Mexicans for doing the same work less efficiently.
Nov 26th, 2016 - 10:31 am - Link - Report abuse 0
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Marti Llazo
@dt

GDP values normalised to PPP

US productivity in GDP per hour worked US$67.30
Chile US$19.50
Mexico US$16.20
Argentina US$13.80
Nov 26th, 2016 - 02:00 pm - Link - Report abuse 0
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