Study: Argentina’s Minimum Wage Has Lost 40% of Its Value Under Milei

Argentina’s Labour Market Under Pressure Key Facts —Real decline. Argentina’s minimum wage purchasing power fell 39.7% between November 2023 and May 2026, per UBA’s IIEP institute. —Crisis comparison. Current purchasing power sits below levels recorded during the 2001 economic collapse. —Inflation driver. Nominal wage hikes reaching over ARS 340,000 (roughly USD 340 at parallel rates)…