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Pay Cuts of 36% Show Latin America's Economies Faltering - Bloomberg

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Of all the numbers that lay bare the pandemic plight of blue-collar workers, few are as jarring as the pay cut suffered by the millions of Argentines who toil in off-the-book jobs.

The decline for people like waiters, construction workers and candy-vendors was 36% on average last year, considering inflation. That staggering number is almost four times the average pay cut that Argentines in the formal economy had to absorb.

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"pay" - Google News
July 29, 2021 at 08:00PM
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Pay Cuts of 36% Show Latin America's Economies Faltering - Bloomberg
"pay" - Google News
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