During pandemic, Peru and Argentina were Latin American countries with highest loss of working hours

Although a directly proportional relationship cannot be made, the loss of working hours coincided with the fall in GDP in each country, considering that the countries with the greatest declines in this regard were also Peru and Argentina, with 11.1% and 9.9%, respectively.

RIO DE JANEIRO, BRAZIL - Argentina was the second country in Latin America in terms of lost working hours during the Covid-19 pandemic, with 21%, and was only surpassed by Peru, in the context of a fall in the Gross Domestic Product and as a result of "a poorly managed quarantine", according to Fundación Libertad y Progreso (LyP).

"Argentina lost 4 percentage points of working hours more than the average of the Latin American region and tripled the average loss of working hours worldwide, 8.8%", said Natalia Motyl, economist of the entity.

On the other hand, the recovery . . .

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