Recorded private-sector employment in Argentina fell in July in the monthly and year-to-year, while the dismissal rate reached its highest level of the year so far. Contrary to June, which saw a slight expansion, the seventh month of the year saw a monthly 0.2-percent fall in private-sector employment level recorded in companies with more than 10 workers in all surveyed urban agglomerations. In turn, employment in the transport, storage and communications sector dropped 0.3 percent, while trade, restaurants and hotels fell 0.2 percent. Compared to previous years, activity also down in the annual comparison, down to levels seen in years 2018 and 2019. Suspended employment increased slightly in July compared to June at 0.4 suspensions for every 100 workers.