In an attempt to paint an optimistic picture, the government celebrates the creation of 26,000 jobs in 2025 as a significant achievement. However, this narrative ignores a deeper and more worrying reality: the generation of new jobs is slowing down alarmingly. From the 40,000 net jobs created in 2022, we rose to 37,000 in 2023, 35,000 in 2024 and just 26,000 in 2025, representing a cumulative drop of 35%. Although the total stock of employment is slowly increasing, economic dynamism is plummeting, and this has consequences that go far beyond superficial statistics
.To understand this phenomenon, it is essential not to limit ourselves to what is seen with the naked eye, such as those 26,000 positions announced with fanfare and fanfare. In economics, policies that generate visible results in the short term often hide side effects that affect the entire society in the long term. Imagine that the government invests resources in subsidies, regulations, or specific programs to “create” employment. These efforts can generate immediate jobs in favored sectors, but at what cost? Every resource allocated to these programs is extracted from somewhere else: higher taxes, growing public debt, or inflation that erodes the purchasing power of citizens. What is created in one area is destroyed in another, in an invisible but real way
.Let's take an everyday example to illustrate this. Suppose that public money is allocated to an infrastructure project that generates thousands of temporary jobs. At first glance, it seems like a success: contract workers, paid salaries and ongoing economic activity. But what you can't see is the money that was taken away from taxpayers or private companies, who could have used it to invest in innovations, expand their operations or hire more people in more productive sectors. That “missing” money could have boosted the creation of sustainable jobs, based on real market demand and not on bureaucratic decisions. Instead of organic and dynamic growth, we end up with a stagnation where net new employment declines year after year
