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Argentina – Temporary employment grows

28 February 2013

Temporary employment grew by +6.9% last year in Greater Buenos Aires, according to a survey by the Argentinian federation of private employment agencies (FAETT). The rise of temporary labour is a signal of the economy picking up again, the association said.

Argentina's economy, the third largest in Latin America, grew by +1.9% last year, showing resistance to the global slowdown, President Cristina Fernandez said earlier this month. Unemployment also fell to 6.9% in the fourth quarter of 2012 with analysts expecting the country to create significant numbers of jobs this year.

Bright prospects also lie ahead for the temporary employment market. According to FAETT, temporary employment should show further growth in 2013 with many workers expected to benefit from higher wages this year.

FAETT belongs to the International Confederation of Private Employment Agencies, Ciett. Member staffing firms employ around 85,000 temporary workers in Argentina. 

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