Market Intelligence Reports

Latin America Market Report Q1 2023

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Talent Solutions – Latin America Q1 2023 | 28 62 Open Positions 60 Days Slightly Difficult 243 Open Positions 61 Days Slightly Difficult 298 Open Positions 58 Days Slightly Difficult 147 Open Positions 62 Days Slightly Difficult 3,176 Open Positions 61 Days Less Difficult Healthcare Banking & Financial Services Technology Manufacturing All Jobs Pharmacist Accountant Functional Analyst Production Worker Salesperson Doctor Commercial Advisor Project Manager Production Supervisor Commercial Advisor Nurse Accounts Analyst Java Developer Head of Production Office Staff Greater Cordoba TalentNeuron As at Q1 2023 2022 2021 2020 Total Labor Force (000s) 787 791 750 729 Employed Workers (000s) 737 711 653 660 Unemployed Workers (000s) 50 80 98 70 Unemployment Rate 6.4% 10.1% 13.1% 9.6% In Argentina, the minimum wage increased in May to ARS 84,512 per month. Since December 2022, the minimum wage has increased by 36%. Due to continuing inflation (annual inflation was 102.5% in February) the minimum wage is also expected to increase in June. Across Argentina, in the registered private sector wages have increased: • 7.9% in March compared with the previous month • 104% compared with March 2022. In the Public Sector wages have increased by: • 16.3% in March compared with the previous month • 111.8% year on year – compared with March 2022. Minimum Wages Wage Inflation Hiring Demand Trend for All Positions Hiring Demand Trend by Selected Job Function Labor Statistics Change in Labor Statistics Over Time Hiring Situation for Selected Industries

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