The statement from the President's Office following the approval of labor reform in the House of Deputies: 'The end of the litigation industry'
The Argentine President's Office issued a statement welcoming the approval of the labor reform, claiming it will end over 70 years of delays in labor relations.
Following the approval of the labor reform bill in Argentina's House of Deputies, the President's Office issued a statement celebrating the decision. The government proclaimed that this reform represents a significant structural change promised by President Milei and is intended to put an end to over 70 years of outdated labor relations in the country. The bill now awaits Senate approval to become law.
In their statement, officials highlighted the anticipated benefits of the reform, asserting it would lead to the creation of registered jobs, reduced informality, and labor regulations more suited to the 21st century. They also expressed that the reform aims to decrease bureaucratic processes and enhance the dynamism of labor relations. A particularly notable assertion made by the government was the claim that this legislative move would effectively end what they referred to as the 'litigation industry', which suggests they believe it will reduce legal disputes related to labor issues.
President Milei personally thanked the deputies for their support in the approval process, emphasizing the political backing necessary for such reforms. The conversation around labor reform in Argentina is critical as it could reshape the future of the employment landscape and has been a focal point in the current administrationβs agenda, reflecting broader economic strategies in the country.