Mining Lost 5,200 Formal Jobs Despite Economic Recovery

Mining registered a decline of 5,200 formal jobs during the past year, even as economic activity recovered.

The finding comes from a University of Buenos Aires report that analyzed employment trends across the fastest-growing sectors. According to the survey, eight of the ten industries that advanced most significantly reduced their registered workforce.

The trend reflects a divergence between sector expansion and workforce evolution. In mining's case, growth in activity did not translate into increased formal employment.

The report placed mining among activities that combined economic improvement with a contraction in registered personnel. The available data does not detail the specific causes of job losses or their territorial distribution.