This afternoon, industrial leaders in Argentina received what they viewed as encouraging news regarding the Labor Reform, which they were informed would definitely go ahead. However, tensions remained high during a meeting of the Union Industrial Argentina's Board of Directors, indicating dissatisfaction with the current industrial climate. Approximately 50 industrialists gathered in the Petiribí room, not only reporting that conditions were worsening but also expressing indignation over presidential remarks directed at Paolo Rocca, a prominent figure in the industry, as well as comments concerning the textile sector.

The industrial sector is facing significant challenges, highlighted by a 3.9% drop in industrial activity in December. While the industry grew by 1.6% in 2025, it remains 9.6% below the levels recorded in 2022. Additionally, the employment situation is grim, with a loss of 6,718 jobs in October compared to September, totaling a decline of 60,224 formal jobs since the last peak. These statistics underscore a troubling trend for the industrial sector amid ongoing economic turmoil and a lack of stability in government policies.

The ongoing discussion within the UIA reflects broader concerns among industrialists about the implications of the labor reform, which, while seen as a necessary step by some, is mired in controversy and frustration over the government's handling of the industry. The meeting's final statement expressed these sentiments, highlighting a combination of relief and resentment that could influence the future of industrial policy in Argentina.