The labor reform project backed by President Javier Milei's administration is nearing completion as it heads back to the Senate for final approval after successfully passing through the Chamber of Deputies. The Senate's committees are scheduled to meet soon to issue a report, aiming for the Senate to hold a session by Friday the 27th to endorse the changes made in the lower house. Only after this procedural hurdle is cleared will the law be enacted by the Executive Power, which has up to ten business days to publish it in the Official Gazette.

Once the labor reform law is officially promulgated, it will fundamentally change the landscape of labor relations across Argentina. The new law is structured around five key thematic axes, which include various modifications to the current labor modalities and provide incentives for the formalization of workers. These modifications aim to create a more flexible labor market and enhance job creation, reflecting the government's focus on improving economic conditions and employment levels in the country.

This legislative initiative is part of a broader economic agenda pursued by Milei's administration, signaling a significant shift in labor policies that could have wide-ranging implications for workers and employers alike. The potential reduction of labor protections and the promotion of worker formalization are points of contention that may face scrutiny and opposition from labor unions and advocacy groups, as critics express concerns over the impact on job security and worker rights in Argentina.