EMPLOYMENT PROBLEMS ARE MORE OF QUALITY THAN OF QUANTITY

The unemployment rate remained relatively stable, but this is due to lower quality jobs than to job growth. This fact shows that the most important thing is to speed up the structural reforms. In the case of jobs, it means the modernization of labor institutions.        

(more…)

3 out of 4 working – age adults suffer from labor shortages

Workers’ Day is a day of festivity. But the motives of celebration fade in a context where an ever-smaller minority has access to quality jobs. This alerts to the need in updating the archaic labor institutions as an essential step to begin overcoming the woeful labor deficits in Argentina. (more…)

The special fund for dismissal must be on the employer’s side

The severance pay system discourages job creation because of its unpredictable costs and they are often defined in a labor lawsuit. The proposal to create a special fund per worker to finance the dismissal is less efficient than the alternative of posing it on the employer’s head. (more…)

The destruction of employer companies has doubled

The accumulation of crises has very harmful impacts. A notable fact in the current recessionary cycle is that the companies destruction has accelerated. Besides the pandemic, this is the consequence of deficient commercial, tax, and labor regulations. (more…)

Wages in the Buenos Aires city double those in north of the country

Bus strikes in the interior of the country are the consequence of the anachronistic model of collective bargaining. Labor conditions are imposed centrally with contempt about regional differences. The solution is not to re-establish national subsidies but to decentralize collective bargaining. (more…)

Without pension reform, inflation cannot be lower than 40%

The economic authorities project a significant drop in inflation in 2020. This will destabilize public finances because pension spending increases due to adjustments based on past inflation. Pension reform must not be postponed to solve this inconsistency.
(more…)

Digital platform jobs already have social protection

A concern expressed by the G20 is access to social protection in jobs generated by digital platforms. In Argentina, universal coverage mechanisms operate; therefore, instead of devising restrictive regulations for these types of jobs, it would be desirable to expand them.   (more…)

Job destruction can be avoided

One of the most worrying consequences of the crisis is the loss of jobs. There are ways to avoid it. A tool that proved to be highly effective is the one that Germany applied in the 2008 crisis, enabling smaller companies to deviate from the sectorial collective agreements and negotiate with their workers at company level. (more…)

THE YOUNG SUFFER 5 TIMES MORE POVERTY THAN THE ELDERLY

The growth of pension spending is the main factor of destabilization of public finances. Trying to lower the fiscal deficit without reforming the rules of the pension system is financially unsustainable and socially unfair because it implies continuing to preserve privileged treatments and double coverage. (more…)