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2d ago

Argentina’s Q4 Hiring Outlook Falls to +5%, Lowest Among 42 Countries

Employers cite election uncertainty as the main reason to pause new hiring.

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Las TIC son el rubro más activo en la creación de nuevos empleos. (Shutterstock)
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Overview

  • ManpowerGroup pegs Argentina’s Net Employment Outlook at +5% for October–December, flat versus Q3 and one point higher year over year, compared with a 23% global average.
  • The survey shows 27% of employers plan to add staff, 24% expect cuts, 45% foresee no changes and 4% remain undecided.
  • Cuyo leads regional intentions at 18%, followed by Patagonia at 11% and NEA/NOA at 10%, with Pampeana at 4% and AMBA the weakest at 3%.
  • IT posts the strongest outlook at 18%, with finance and real estate at 13% and industry near 5%, while energy and public utilities fall to -14% and communication services to -17%.
  • Smaller firms report stronger hiring plans (15% for those with fewer than 10 employees) as very large employers turn negative (-6%), with many opting for overtime instead of adding payroll due to cost and termination risks.