Economics
Argentina Mulls Incentives for Job Growth, Labor Minister Says
- Government looking at giving benefits in less developed areas
- Moroni rules out a major overhaul of Argentina’s labor market
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Argentina is considering fiscal incentives to encourage companies to hire workers after unemployment spiked to the highest in at least 16 years amid the pandemic.
Labor Minister Claudio Moroni said he’s been working with the Production Ministry to lower some employer contributions. The incentives will probably be aimed at hard-hit industries in Argentina’s least-favored provinces, he said.