Although the labor market experts agree that a destruction of jobs, the Government stated that the private job in the formal sector is stable and even showed a positive trend in January. According to the progress report of employment registered in private sector (EIL, for its acronym in Spanish), prepared by the Ministry of Labour, in the first month of the year the number of positions had a slight decrease of 0.2% compared to the same period in 2014. However, the Ministry of Labor estimated - without clarifying season factors- that between December and January improved 0.3% was recorded.

"This month, private job creation is the highest in the last 14 months," noted the report. "The expansion has been verified in all company sizes and in almost all branches of activity", said the document.

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