Argentina, Javier Milei and labor reform
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Reform aims to lower employers’ costs, encourage hiring, ease severance obligations and redefine collective bargaining agreements. It also reduces domestic taxes on cars, mobile phones and rental properties.
As protestors clashed with security forces outside the Congress building, senators inside passed the labour reforms championed by Milei in a 42-30 general vote.
Argentina’s Senate gave initial approval to President Javier Milei’s labor reform bill after a marathon session that ran for more than 14 hours and unfolded amid street protests outside Congress. The draft cleared the upper chamber by 42 votes to 30 and will now move to the Lower House (Chamber of Deputies) for final consideration.
Labour reform wins Senate approval in early morning vote after day of violent clashes near Congress; With 42 votes in favour and 30 against, controversial package will be debated by national deputies in the coming days;
Public sector employment in Argentina declined steadily during President Javier Milei's administration, with more than 63,000 federal jobs eliminated.
The “Labor Modernization” bill—longer hours, gutted severance, and strike criminalization—has sparked mass protests and strikes as workers rebel against IMF-dictated slavery.
The main benefit so far — and the main cause of Milei’s glow of public approval — has been the government’s rapid reduction of Argentina’s notoriously high inflation, from over 211% annually in late 2023, when the radical libertarian leader took office, to 31% last year, according to INDEC.
Argentina and the United States have reached an expansive trade deal, a win for Argentine President Javier Milei as he moves to open up the South American nation’s notoriously protectionist economy and a reflection of the close alliance between the