Informal employment share in Argentina 2010-2023
In 2023, the percentage of informal employment in Argentina stood at 50 percent of the total employed population. The share of employment informality has decreased slightly in comparison to the previous year. Argentina is among the countries with the lowest share of informal employment in Latin America.
Vulnerability of the population
The main issues of informal employment are the lack of job security, social security, and the low quality of jobs. All factors heavily impact the vulnerability of the population under such conditions. During the last few years, Argentina increased the share of households under the poverty line, in fact, during the first half of 2024, the percentage exceeded 40 percent of homes, more than double the 2018th rate.
Labor force and unemployment
During the past four decades, the labor participation rate in Argentina has been significantly higher among the male population than their female counterparts. For males, around 70 percent of working age people were part of the workforce, while only around half of females did the same. Nevertheless, the unemployment rate has been decreasing considerably, reaching its lowest point in 2023 since at least 2004.