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Argentina Approves Labor Reform Bil
The reform loosens labor protections, limits strikes, and creates an employer-funded severance fund amid protests; 42 votes supported the bill in Argentina's Senate.
- On Friday, Feb. 27, 2026, Argentina's Senate approved the labour reform with 42 votes in favour, 28 against and two abstentions, delivering President Javier Milei a major legislative victory.
- To reduce labour costs and formalise work, the bill aims to draw informal workers into formal employment by easing hiring and firing and lowering employer liabilities.
- The legislation includes provisions that relax hiring rules, extend the workday from eight to 12 hours, permit salaries in foreign currency, create an employer‑financed severance fund, and remove sick‑leave pay cut and digital wallet salary clauses.
- Protests continued as senators voted, with clashes outside the National Congress and at least three people arrested, while the General Confederation of Labor vowed legal challenges after last week's strike; analysts and investors say approval may boost investor confidence and reopen access to international bond markets.
- On Sunday, the president will showcase reforms during his address as polls show Argentinians are divided, with 55% disapproval.
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·New York, United States
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Argentina Approves Labor Reform After Divisive Senate Vote
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·Caracas, Venezuela (Bolivarian Republic of)
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Coverage Details
Total News Sources61
Leaning Left18Leaning Right6Center26Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
L 36%
C 52%
12%
Factuality
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