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Judi Lynn

(160,525 posts)
Sun Aug 25, 2019, 11:51 PM Aug 2019

In calls and emails, Argentine executives seek jobs abroad to escape crisis

AUGUST 25, 2019 / 10:20 AM / UPDATED AN HOUR AGO

Aislinn Laing, Marina Lammertyn, Marcelo Rochabrun, Nelson Bocanegra
6 MIN READ

SANTIAGO (Reuters) - Argentine executives and graduates shocked by President Mauricio Macri’s drubbing in elections this month have begun calling and emailing in droves in search of work in Brazil, Chile and Colombia, head hunters and visa advisers told Reuters.

Executive search specialists say the resumes that have deluged their offices in those countries reached a peaked after Macri lost ground to a centre-left Peronist challenger in the Aug. 11 primary elections, causing the peso to plummet in value.

Leftist Alberto Fernandez is now the front-runner ahead of an Oct. 27 general election and has said he will seek to renegotiate a $57 billion loan International Monetary Fund deal agreed by Macri amid growing fears of a default.

In neighboring Chile, recruitment firm Randstad said the pressure for jobs among Argentines had been building for months as Argentina`s economy has spluttered, with their rate of applications for jobs in Chile increasing by 246 percent between May and August this year compared to last.

More:
https://www.reuters.com/article/us-argentina-economy-emigration/in-calls-and-emails-argentine-executives-seek-jobs-abroad-to-escape-crisis-idUSKCN1VF0NU?feedType=RSS&feedName=worldNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+Reuters%2FworldNews+%28Reuters+World+News%29&&rpc=401

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