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1) Private sector job growth and support for the government are highly correlated in #Argentina, @jpmorgan notes in a new report, and that's potentially problematic for @mauriciomacri, given recent job losses in the construction sector, previously a major job creation engine.
2) It is hard to overstate the importance of construction in #Argentina's labor market, which explains fears that PPPs will not make up for cuts to infrastructure spending. Construction produced 78% of new private sector jobs in 2017 and nearly half created so far this year.
3) On the bright side for #Cambiemos, the @jpmorgan report projects that the negative employment trend will bottom out in the last quarter of this year, with possible improvements before next year's presidential election.
4) Hungry for more insights on #Argentina's complex world of organized labor, and the political implications of declining employment and real wages? Read the latest analyses from @LATAMProg's @NicSaldias, https://goo.gl/LTyhLQ and https://goo.gl/Zz7Uyk .pic.twitter.com/AQa616FkEy
5) @LATAMProg hosted #Argentina's labor minister, @JorgeTriaca, in April, and we're closely tracking organized labor's reactions to the #IMF bailout and economic contraction.https://goo.gl/L8jbry
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