In nearly 20% of households where at least one employee lives with a registered job, there is below the poverty line. In this way a family cannot escape poverty with only one person permanently employed.
The data comes from the Congressional Budget Office (OPC) which analyzed the situation of the employee or registered labor market.
The Report adds that “in households where one of the heads is informal or unemployed indicators of living conditions deteriorate, even if there are regular workers who live in poor families and even destitute“
In this way it was formed a new layer of new poor who come from formal wage sectors, who join informal wage and non-wage workers who integrate into an “impoverished” labor market or seek refuge in so-called “subsistence social economy”. And who, at the same time, could not survive without social assistance.
The main conclusions are:
• In 2021, Argentina had on average 9.8 million formal wage earners (21.8% of the total population and 46.9% of the PAA). Half of the women and a quarter of the men with this condition are professionals. Almost 20% of households in which at least one formal wage earner lives are below the poverty line.
• Two thirds of regular wage earners work for the private sector and the remaining third for the public sector. Within the private sector, 30% work in the production of goods and 70% in the provision of services.
• Within the public sector20% work at the national level, 65% work at the provincial level and 15% at the municipal level.
• Most public workers are teachers, doctors, or law enforcement and/or security forces.
• Most formal wage earners do not have a partner or spouse is also a formal wage earner, reaching between both classifications more than 50% of households where household managers do this type of work.
• In the distribution by age group and gender, we note that men enter formal wage jobs earlier than women. This difference is maintained even up to the age of 39, reflecting the late entry of women into the formal sector.
• This is demonstrated by the analysis by level of education women have better levels of education than men among formal wage earners. Almost 50% of them have completed university education, while for men this percentage represents just over 25%.
• In nearly 2 out of 10 households, where at least one manager has a formal employee job, the income is not enough to buy a basket of basic poverty. Even close to 2% are in a situation of poverty.
• The best situation is that of families where the head of the household and the spouse both work for the formal market (employee or non-employee) or where the other member of the family couple is retired.
• In any case, it is observed that even in these cases certain levels of poverty are present and also (although with a small percentage) situations of poverty are evident. The remaining combinations show high levels of poverty in households, with double-digit percentages, with the highest values in cases where the other member of the couple is unemployed, inactive of working age, or performs some non-wage work informally. that the level of market income does not in many cases make it possible to support a family with only one person employed on a stable basis,
*Unemployment levels rise between age 40 and retirement age, for both men and women. This demonstrates that there is a segment of the adult population looking for work, with difficulties re-entering the market at that age and, at the same time, far from accessing retirement.
Source: Clarin
