Overview
- Santa Fe records 3,936 suspended workers across 44 firms, with 26 metalworking companies operating under Article 223 agreements that reduce hours and pay.
- Suspensions have risen from roughly 3,400 in November 2025 but remain far below the mid‑2024 peak of more than 11,000.
- Fisfe reports provincial manufacturing fell 5.4% year over year in November and 1.2% month over month, with 75% of branches down, including autos (-61.2%) and metalworking (-14.7%).
- National data show October 2025 registered employment dropped by 33,100 contributors, with 71,000 private salaried jobs lost since June; Santa Fe counts 510,700 private registered jobs and is down 13,000 since December 2023.
- Firm-level stress continues, notably unpaid wages and broken accords at Vassalli, while companies such as Acindar extended rotating suspensions negotiated with unions.