Tense political scenes are unfolding on Argentina’s political stage. President Milei, who advocates for far-right economic reforms, saw his labor reform bill pass the lower house on Friday, November 20. Despite fierce opposition from labor unions and workers, the first phase of the reform has been cleared.
Significant Reductions in Retirement Benefits and Major Changes to Working Conditions
The bill will now proceed to a vote in the Senate. President Milei’s proposed reforms include measures that place a heavy burden on workers: reductions in retirement benefits, extended working hours, and shortened annual leave—comprehensive revisions to labor conditions.
For President Milei, who advocates for market economy and fiscal austerity, reducing labor costs is seen as an essential step for economic revival. However, for workers, these measures threaten their livelihoods.
Senate Vote Becomes a Key Focus
Although the bill has passed the lower house, its approval in the Senate is not guaranteed. There is concern that opposition from workers could intensify. How much support President Milei’s reform will garner in the Senate remains a critical issue moving forward. According to reports from Ming Pao, close attention is needed on the parliamentary developments regarding labor issues.
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President Mirei's labor reform bill faces intensified worker resistance on the way to the Senate vote
Tense political scenes are unfolding on Argentina’s political stage. President Milei, who advocates for far-right economic reforms, saw his labor reform bill pass the lower house on Friday, November 20. Despite fierce opposition from labor unions and workers, the first phase of the reform has been cleared.
Significant Reductions in Retirement Benefits and Major Changes to Working Conditions
The bill will now proceed to a vote in the Senate. President Milei’s proposed reforms include measures that place a heavy burden on workers: reductions in retirement benefits, extended working hours, and shortened annual leave—comprehensive revisions to labor conditions.
For President Milei, who advocates for market economy and fiscal austerity, reducing labor costs is seen as an essential step for economic revival. However, for workers, these measures threaten their livelihoods.
Senate Vote Becomes a Key Focus
Although the bill has passed the lower house, its approval in the Senate is not guaranteed. There is concern that opposition from workers could intensify. How much support President Milei’s reform will garner in the Senate remains a critical issue moving forward. According to reports from Ming Pao, close attention is needed on the parliamentary developments regarding labor issues.