The Argentine Chamber of Deputies passed a controversial labor reform proposed by President Javier Milei early in the morning on the 20th. The reform, which was a key promise made during Milei's campaign, has sparked considerable protest from labor unions that fear the changes will undermine workers' rights. The voting results show a narrow approval, with 135 members in favor and 115 against, setting the stage for the bill to return to the Senate, where the government holds a majority. There is anticipation that the reform could be finalized within a week.

This new labor law introduces over 200 articles that will significantly alter the working conditions in Argentina. One major change includes allowing workers to be paid in foreign currencies instead of the Argentine peso, which could impact economic stability and inflation rates in the country. Additionally, it enables a portion of monthly wages to be compensated in non-monetary forms such as food or housing, which raises concerns about the financial implications for workers and their ability to save or invest.

The reforms also modify existing labor conditions, allowing for longer workdays—up to 12 hours but not exceeding a total of 48 hours per week—while eliminating traditional benefits like vacation pay and the mandatory 13th salary from the basis for indemnities. This could lead to increased flexibility for employers but at the potential cost of employee rights and security, making the upcoming discussions in the Senate crucial for the future of Argentine workers.