In less than 24 hours after winning the mid-term legislative elections last October and witnessing an increase in support in Congress, President Javier Milei has pledged to push forward a series of reforms in Argentina. On the night of Friday, October 27, the Senate secured a major legislative victory for Milei's party, La Libertad Avanza, by approving the labor reform with 42 votes in favor, 28 against, and two abstentions. This new law comes at a crucial time as Milei's administration seeks to modernize the country's labor laws.

The labor reform, which has sparked considerable debate, introduces significant changes such as reduced severance payouts, limitations on the right to strike, and an extension of the workday to up to 12 hours without overtime compensation. The government has been actively mobilizing its base since the new Congress took office, emphasizing that these changes aim to create a more favorable environment for hiring and investment, particularly in a country where unemployment and labor issues have been longstanding concerns.

Milei supports the reform by asserting that it is essential for attracting investment and facilitating job creation in Argentina's struggling economy, which is marked by a staggering 43.3% unemployment rate among the workforce. The passage of this law represents not only a critical success for Milei's presidency but also a significant shift in Argentina's labor landscape, raising questions about workers’ rights and the broader implications for economic growth in the country.