Unemployment on the rise in Macri's Argentina

Friday, September 20th 2019 - 16:44 UTC

Full article 8 comments

Unemployment in Argentina reached 10.6% in the second quarter of 2019, the highest ever since President Mauricio Macri took office in December, 2015, according to data released Thursday by the National Institute of Statistics and Census (INDEC). Read full article

Comments

Disclaimer & comment rules

Enrique Massot
This can't be. The highest unemployment rate in 13 years?

About 320,000 unemployed in the past 12 months increasing the total figure to 2.5 million?

Under Mauricio Macri's business-friendly presidency?

There must be a mistake -- or a Kirchnerist lie designed to win the October 27 election.

Like Macri's Cultura Secretary Pablo Avelluto said: the idea behind the food emergency law unanimously approved by both Congress chambers is nothing but a “campaign motto.”

https://www.pagina12.com.ar/216344-para-pablo-avelluto-el-hambre-es-un-slogan-de-campana

“It would appear that half of Argentina is starving and that is a lie.”
Sep 20th, 2019 - 07:26 pm - Link - Report abuse 0
-+
imoyaro
This is great news! Oh yeah, Pagina.12.com is a Narkocleptocratic source...bummer, eh?
Sep 20th, 2019 - 07:44 pm - Link - Report abuse 0
-+
Tarquin Fin
@Enrique

Of course, the mistake resides in your thinking that Macri's policies are business friendly and so different from those of the FF duo.
Sep 21st, 2019 - 04:37 pm - Link - Report abuse 0
-+
Enrique Massot
@TF

You have missed some my previous postings where I did say that Macri's policies have been anything but.

This is why today's crisis is so deep. Aside the few large energy companies, the large landowners the agribusiness and some financial institutions and banks, Macri's term has been a disaster -- not only for the regional economies and small and medium size companies, but for large, some longstanding, firms.

What Alberto Fernández is proposing is to really be business friendly -- not just cozy with a few privileged such as financial speculators.
Sep 22nd, 2019 - 04:30 am - Link - Report abuse 0
-+
Tarquin Fin
@Enrique

Yes, I agree with your perception as to who has benefited and who hasn't during this administration.

And I am also hoping that Alberto causes a boost for most companies so there is more employment and growth. But ...

Will he be let to do what is needed? Will the longstanding mafias just take a step aside and forget about their interests? This will be especially critical if Alberto is to cut unnecessary spending, cut taxes and lower labor costs.

Good will alone won't take you ashore while you are sinking in shark infested waters
Sep 22nd, 2019 - 03:42 pm - Link - Report abuse 0
-+
:o))
@Enrique Massot

The argies get worried if someone offers them a decent job!
Sep 24th, 2019 - 12:51 am - Link - Report abuse 0
-+
imoyaro
Peronist economics, explained...

https://www.youtube.com/watch?v=b6jOp6t9YqE&feature=youtu.be
Sep 25th, 2019 - 04:35 pm - Link - Report abuse 0
-+
:o))
REF:“Unemployment on the rise”: Either a Fake-News or NO-News!
Sep 26th, 2019 - 09:00 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!