Generalized layoffs have been one of the most widely criticized aspects of Javier Milei’s economic program. 

Since the libertarian economist took office with the promise of ending inflation and “chainsawing” what he considered an oversized state, more than 300,000 formal jobs were lost. 

In two separate speeches this week, however, the president said that his government “created nearly 400,000 jobs,” meaning that the balance for the administration is 113,000 new jobs.

Lambasting Kirchnerists over “cherry picking,” Milei said that while it is true that formal jobs plummeted, informal jobs — which he called “independent” — rose by 346,000 and unregistered jobs by 33,000. He added that those non-formal ones would be “absorbed” by the formal sector due to the recently passed labor reform.

However, some economists disagree with Milei’s prognosis.

“That is an outright lie,” Marco Kofman, an economist and member of the Current Events, Labor, and........

© Buenos Aires Herald