Issue link: https://read.uberflip.com/i/1440672
14 29% 25% 21% 0% 25% 50% 75% Employer Tax Profit Tax VAT Argentina Regional Average Argentina Labor Force Statistics 18,202 18,615 18,229 17,071 17,349 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 10.6% 8.9% 13.1% 11.0% 9.6% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 Q4 2021 Total Labor Force (000s) 19,191 Employed Workers (000s) 17,349 Unemployed Workers (000s) 1,842 Unemployment Rate 9.6% Working Population (in Thousands) Over Time Unemployment Rate Over Time Covid Update Vaccine Mandates were considered but have not been implemented. All employees may return to the office, regardless of vaccination status. 80% - First Vaccine Dose (December 2021) Other Cost Considerations - Tax Indicative Wages (USD) Hiring Demand Trend by Experience Level Minimum wage has increased by more than 55% during 2021, however, at the same time inflation has been greater than 50%. $931 $508 $1.80 $0 $5 $10 $15 $0 $2,500 $5,000 $7,500 Average Wage Manufacturing Wage Minimum Wage Argentina Regional Average TalentNeuron Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/