The participation of workers in relation to the value of companies' production fell to 44.4% in the last quarter of 2023. It is due to the decline in real wages, the increase in prices, and the greater precariousness of employment.
The business sector and the self-employed are gaining weight. The wage bill in GDP has fallen as a result of the fall in wages and inflation. The increase in informality and the “de-salaryization” of employment has also contributed to the decrease in participation of the working sector in the income or billing of companies. The figures were released by the INDEC on Thursday. The data were released in response to a request for comment from the Ministry of Economy and Finance. The INDEC said that the figures were based on a quarterly report of the 'Income Generation and Labor Input Account.'