Insights on Entrepreneurship and Non-Salaried Labor in Latin America
The problem of unemployment and underemployment in Argentina emerges as acutely pressing and very complex. The National Institute of Statistics and Censuses’ last report on Argentina shows some relevant data. 27.4% of 12 million of the economically active Argentinian population are non-salaried workers. At the same time, the unemployment rate is at 9.6%, and underemployment is at 12.4%. 40.6% of the population lives below the “poverty line” (INDEC, 2021). In 2017-2018, when I conducted field research in Buenos Aires, the Argentinian government had accrued significant debt with the International Monetary Fund, leading to profound economic and social adjustment policies, thus exacerbating these already pressing issues. Understanding the problem of the economic disenfranchisement of the Argentinian population is, however, a challenging task. Take, for example, the internationally acclaimed reports from the Inter-American Development Bank and the World Bank, known to reproduce hegemonic neoliberal ideology. Although informal work, self-employment, and unemployment feature (read more...)