Argentina's reliability in finding a new job reduced to 63 percent this month and is set to the lowest value of the year while it is fear of loss of service increases by one percentage point to reach 7.9 per cent of all those consulted by Randstad Workmonitor, the world head of HR.
The data correspond to the last quarter of 2018 and the report shows that the confidence of Argentines in finding a new job fell by five percentage points compared to the third quarter of the year. Randstad announced the results of the fourth quarter of 2018 that correspond to Workmonitor, a study that reveals expectations, moods and behavior of workers in 34 countries, including Argentina.
With regard to the question of the confidence of Argentina's workers regarding the possibility of obtaining a new job, similar to the current one in the next six months, the confidence level was 63 percent, which is the lowest estimate in the last twelve months. In the regional comparison of the level of confidence in finding a new job, it is found that the level of worker confidence in Argentina is the second lowest in the region, after that in Brazil.
They're on the other side Chile with a confidence level of 74% in the labor market. In Mexico, it exceeds 80 percent. Andrea Villa, director of Randstad for Argentina and Uruguay, explained that in situations of certain uncertainties, such as the current one, workers are expected to have less confidence and show a more conservative stance in their career decisions.
"The drop in confidence in the labor market, as we noted in the last quarter, means that in the active search for employment changes there are fewer active workers, which resulted in low labor mobility", an explicit villa within a persistent economic "storm" that still threatens Argentina.
In an accompanying context, in which the economy is not recompressed and the labor market does not show any signs of recovery, the deterioration of workers' confidence is also a growing fear of losing employment, the report adds. In the last quarter, the fear of losing the working resource amounted to 7.9 percent, which is 1.2 percentage points more than the value of the beginning of the year.
When we analyze this variable according to the level of education of employees, it seems that the greatest possible training was achieved, less fear of loss of employment. According to a study conducted by Randstad, the fear of loss of work among the most educated respondents is 7.3 percent, while those with intermediate education rise to 8, reaching 8.2 workers with lower education.