Over the past two years, the number of employed Argentines age 65 and older increased 12.7%, said sociologist Candelaria Rueda, a researcher at the Argentina Grande Institute.. Photo by pasja1000/Pixabay
BUENOS AIRES, June 5 (UPI) -- Argentine retirees have become one of the groups hardest hit by President Javier Milei's fiscal austerity measures, which have pushed a growing number of older adults back into the workforce to supplement incomes that no longer cover the cost of living.
Over the past two years, the number of employed Argentines age 65 and older increased 12.7%, sociologist Candelaria Rueda, a researcher at the Argentina Grande Institute, told UPI.
The trend has had a particularly strong impact on women. Labor force participation among people older than 65 increased 14.5% for women, nearly four percentage points higher than the 10.8% increase recorded among men, according to a report by the think tank based on official data from the National Institute of Statistics and Census, known as INDEC.
One of those women is Patricia Guscione, 63. She worked as a teacher for decades and retired in 2021 at age 60, the legal retirement age for women in Argentina.
