Story perspectives

Global Job Markets Struggle: Argentina and UK Face Declines

9/17/2025

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Summary

Story summary

Argentina's private-sector employment declined by 0.2% in July 2025, matching the year-to-year contraction.
The dismissal rate reached 0.6 per 100 workers, the highest this year.
Employment in construction and financial services fell by 0.5%, while transport and trade sectors decreased by 0.3% and 0.2%, respectively.
In the UK, payrolled employees dropped by 142,000 (0.5%) from July 2024 to July 2025.
The UK's unemployment rate was 4.7% for May to July 2025, with economic inactivity at 21.1% and average earnings growth at 4.8%.

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Story summary

Argentina's private-sector employment declined by 0.2% in July 2025, matching the year-to-year contraction.
The dismissal rate reached 0.6 per 100 workers, the highest this year.
Employment in construction and financial services fell by 0.5%, while transport and trade sectors decreased by 0.3% and 0.2%, respectively.
In the UK, payrolled employees dropped by 142,000 (0.5%) from July 2024 to July 2025.
The UK's unemployment rate was 4.7% for May to July 2025, with economic inactivity at 21.1% and average earnings growth at 4.8%.