Caputo lies. It doesn’t matter when you read this. It is not the only one. Javier Milei does it too. Both the Minister of Economy as the President has been saying that wages are increasing. At first glance, the data seems true. But, as the economist of the CTA Luis Campos said, it is “misleading.”
According to a CETyD report (Training and Studies on Work and Development Program), belonging to the IDAES of the UNSAM, The favorable salary difference in recent months is explained by the growth of work hours among formal workers.
The report, updated on Monday, April 21, is entitled Do salaries grow with peppers? And he points out, among other things, that “workers do not charge for a substantial increase in their salaries but because they work extra hours. Between 2023 and 2024, the total salary grew 7%, as the government announced. But if the growth of extra hours is excluded from that calculation and the evolution of the salary per hour is seen, the increase was much lower.”
The study also indicates that “The salaries negotiated in peers between companies and unions remained relatively stable Between September 2024 and February 2025 (strictly speaking, 1% increased and fell in March). But simultaneously, the salaries that workers (effective salary) grew 9% during that same period. ”
The difference It can only be explained by the increase in hours worked in the formal sector. Thus, “unlike what happens with the economic activity, which has already returned to the level that it had at the beginning of the crisis, the employment failed rather than to hire more workers to their templates. ”
The CETYD report indicates that “the increase in salaries based on extra hours can be quickly reversed if the activity stagnates or retracts. Unlike negotiated increases in peers, extra hours are the first salary component that is eliminated when the economy loses dynamism.”
That is, what increases is the exploitation between the salaried workers of the formal private sector. The “increase in wages” presented by Caputo and Milei is at the expense of longer working days, less free time and more labor diseases.
The Salary situation of the working class is permanently degrading in all the last governmentsbeyond its political sign. As indicated by a survey carried out by figure, Center for CTA, between 2017 and 2024 the working class resigned USD 164,000 million, which went to the pockets of the great business. That is, the salary lost with Macri, Alberto Fernández and continues to lose with Milei.
This situation is inseparable from action (or rather inacción) of the Bureaucratic union conductions of the CGT and the most important guilds. It is there where it has been negotiating in the low, with increases that are clearly below inflation. According to a survey, also of the CTA, a loss of 7 points was estimated in the first three months of this 2025, comparing parity with official inflation.
This performance of the Peronist trade union conductions generates anger and discomfortsomething that I know expressed in the national unemployment of April 10very strong despite the bad call of the CGT and the meat of the conduction of the UTA. It is essential to deepen the path of the organization from below in each workplace, to recover the unions from that traitorous leadership. That is the fighting path that will be raised in the Meeting of class, jubilated groups and left -wing students who is summoned in the stadium of Ferro on May 1.
Source: www.laizquierdadiario.com
