4
Talent Solutions – Latin America QMR Q3 2022
Sources:
https://www.indec.gob.ar/
https://ilostat.ilo.org/data/
https://data.worldbank.org/
https://tradingeconomics.com/
Argentina
Work Force Statistics
Q3 2022
Total Labor Force (000s)
20,953
Employed Workers (000s) 19,507
Unemployed Workers (000s) 1,446
Unemployment Rate
6.9%
Youth Unemployment Rate
23.2%
2022 Regional TWI Ranking
(out of 20 Countries)
Manpower 2022 Total Workforce Index
Employment by Industry
2022 Global TWI Ranking
(out of 64 Countries)
▪ In the ManpowerGroup 2022 Talent
Shortage Survey, 73% of Employers in
Argentina were struggling to find talent.
Global:
54
Availability:
28
Cost:
44
Regulation:
53
Productivity:
45
Region:
16
Availability:
3
Cost:
19
Regulation:
14
Productivity:
12
Remote
Readiness
37
Remote
Readiness
6
▪ Hiring is Less Difficult.
▪ 57,165 Open Vacancies (end Sept)
▪ Average time to fill is 59 Days
Hiring Demand Trend for All Positions
▪ Year on Year inflation as of August was 78.5%
▪ Year on year wage Inflation in July was 5.4%
▪ Full Parity is required for Agency and Employed
workers.
Inflation and Wage Growth
Hiring Demand Trend by Selected Job Function
Talent Neuron
