Argentina Kept Unemployment Low by Making the Jobs Worse

A study by Argentina's Catholic University’s social debt observatory found that unemployment remained low between 2010 and 2025 due to an increase in informal self-employment, which rose from 24.1% to 29.5% between 2011-13 and 2023-25. Researchers described this trend as 'labour disintegration without open unemployment,' highlighting deteriorating job quality.