Argentina's informal employment nears 50%

Argentina is grappling with a surge in informal employment, now hitting an alarming 44.2% in the first quarter of 2026, marking the highest level since official tracking started in 2023. This trend underscores the nation's deep-rooted economic struggles, likely driven by inflation, currency depreciation, and a lack of formal job opportunities. The rise in informal work not only highlights the challenges faced by workers but also poses significant risks for the government's ability to collect taxes and regulate the workforce, potentially leading to broader economic instability.