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In the last quarter of the 20th century, Argentina was still concentrating the largest amount of intra-regional migrants in the southern cone of Latin America, whereas the number of Bolivian, Paraguayan, Uruguayan and Argentine migrants in Brazil was also increasing. This paper identifies the differences and transformations in the education and labor profile of new and old regional migrants recorded in Argentina and Brazil. Thus, it analyzes the distribution following the criterion of education level and occupation of migration cohorts determined by the year in which residence was taken up in both countries. It also shows differences between native and migrant workers. The conclusion arrived to is that in Argentina, the higher schooling of the new regional migrants did not substantially affect the segregation in occupations with a lower qualification, in branches such as agriculture, construction, manufacturing and housework. In Brazil, the increase in the number of Paraguayans, Bolivians, Uruguayans and Argentinians coming in matched a heterogeneization of the predominantly qualified profiles of the last three groups. [ABSTRACT FROM AUTHOR]