Although in year-on-year terms total employment still shows a decline of 11,092 positions compared to February 2025, the report highlights that the deterioration has already begun to slow down and that the trend changed during the last quarter.
One of the most relevant points of the study is that the growth of the monotributo compensated for a large part of the previous decline in other labor modalities. According to LCG, this reflects a gradual reactivation of independent activity and formally registered work.
The Argentine economy continues to show concrete signs of recovery under the management of President Javier Milei. According to data released by the consulting firm LCG based on the SIPA, registered employment grew in February 2026 by 11,640 formal jobs, marking a monthly increase of 0.1% and consolidating three consecutive months of growth.
This figure is particularly relevant as it represents the best monthly performance since May and April of last year, confirming that the macroeconomic stabilization driven by the Government is beginning to translate into the labor market. Additionally, the statistical revision corrected the decline recorded in January, which now shows an increase of 2,126 jobs.
According to the report, the growth was mainly driven by the increase in independent workers and monotributistas, a segment that added 5,856 new positions during February. The increase in public employment was also notable, which grew by 5,720 positions and compensated for the decline recorded the previous month.
The data from the consulting firm
In parallel, private salaried workers remained practically stable, with a slight improvement of 965 positions. Analysts interpret this behavior as a sign of a floor following the strong economic reordering inherited after years of crisis, inflation, and distortions generated by the Kirchnerist model.
The recovery of employment accompanies the inflationary slowdown
The rebound in registered employment coincides with the strong slowdown in inflation and the gradual recovery of some economic activity indicators. Since Milei took office at the Casa Rosada, the Government has advanced with an aggressive program of fiscal adjustment, deregulation, and reduction of public spending that has stabilized key variables of the economy.
The data from the consulting firm
The graph released by the consulting firm also shows a sustained recovery of total employment since mid-2024, following the initial impact of the economic adjustment and the elimination of multiple distortions accumulated during previous administrations.
Milei aims to consolidate the growth of the private sector
The Government maintains that the improvement in employment is a direct consequence of macroeconomic order and the recovery of confidence in the Argentine economy. The libertarian administration now aims to deepen structural reforms to accelerate investments and strengthen the creation of genuine private employment.
At the Casa Rosada, they believe that the decrease in inflation, the fiscal surplus, and economic openness will be key factors to consolidate growth in the coming months.
With these numbers, the ruling party seeks to demonstrate that the adjustment not only prevented a greater crisis but also begins to generate conditions for a sustained recovery of activity and the Argentine labor market.
