Overview

• Official SRT records show a drop from 511,337 to 496,035 registered employers and from 9,840,290 to 9,621,034 insured workers between November 2023 and June 2025, a loss of 15,302 employers and 219,256 jobs.
• CEPA’s reading of the same SRT series reports slightly larger declines over the period, totaling 16,322 employers and 236,139 formal jobs nationwide.
• Job destruction was concentrated in public administration (–89,794), construction (–81,463), transport and storage (–53,101), and manufacturing (–43,063), with construction showing the steepest relative fall.
• Large companies accounted for about 72% of the net job losses, even as nearly all employer closures were among firms with up to 500 workers.
• In new provincial tallies, Santa Fe recorded 1,718 fewer employers and 16,475 fewer formal jobs, while Salta reported 1,088 employer closures and 11,468 job losses over the same span.
• CEPA reports consumer‑goods imports hit USD 992 million in August and USD 7.219 billion for January–August, marking the highest eight‑month total of the century.