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Argentina Senate approves Milei-backed labor reform
The labor reform loosens hiring rules, reduces severance pay, limits strikes, and aims to formalize Argentina's informal workforce, despite widespread protests and union opposition.
- Argentina's Congress approved President Javier Milei's labour reform with a 42-28 vote and two abstentions.
- Milei's Labour Modernisation Bill allows working days up to 12 hours, reduces severance and limits strike rights, while the government says it will lower informal employment by cutting employer taxes.
- Amid mass protests outside Congress, clashes occurred and the General Confederation of Labour staged a general strike last week, with police arresting at least three protesters.
- Investors are watching the law's passage as it hands Milei a major legislative victory and he prepares for a New York visit to court capital.
- With legal challenges looming, opponents say the General Confederation of Labour will fight in courts as Opposition Peronist leader José Mayans warned the reform 'affects 20 million people' and polls show the Argentine public divided at 48.6 and 45.2.
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The Argentine Senate is preparing to turn into law this Friday the labor reform promoted by the government of President Javier Milei, which has the necessary support despite the resistance of the opposition and the unions.
Coverage Details
Total News Sources42
Leaning Left14Leaning Right4Center23Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 34%
C 56%
Factuality
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