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Summary of the new proposed labor reform
- Thread starter bapal
- Start date
‘More exploitation, fewer rights’: Argentina braces for sweeping overhaul of labor laws
Javier Milei’s boosters say law will revive employment, but critics decry cuts to severance and longer working hours
Betsy Ross
Well-known member
Even living here over 12 years I always learn something new on this forum. Love it! Craig trust me even if you live here this is a crazy country and you will never cease to be amazed by this crazy country.
Wally
Well-known member
I don't think many foreign companies understand how things work here. Most of the times they think they will be different but they don't get enough guidance before entering here. My wife's family owns 6 different companies and there are boom and bust cycles. Their great grandparents started them but they always laugh when they see foreigners purposely choose to come here.
The fact that many of these foreign companies can't get bought by another international company. They almost always have to end up selling for bottom dollar just to get out of Argentina. That is why there is so much negative FDI with Milei. Many have used Milei to exit and local companies bought them.
Why do you think all of these to the left are so depressed and crying. Cry me a river. No one likes to work here. I got a quote to paint my new place and the guy was 2 days late showing up. Then he said he couldn't start it until end of February. I asked if he was too busy. He said he was going on vacation for the month. 😳
Sounds like the top unions are suing to halt the labor reform.
www.wral.com
Argentina’s top union sues to halt President Milei’s sweeping labor overhaul
BUENOS AIRES, Argentina (AP) — Argentina’s largest trade union group on Monday filed a lawsuit to block a sweeping labor reform promoted by President Javier Milei and aimed at radically altering labor relations in the South American country.
www.wral.com
Piranha
Well-known member
Would this really be Argentina if the commies didn't try to halt this?Sounds like the top unions are suing to halt the labor reform.
Argentina’s top union sues to halt President Milei’s sweeping labor overhaul
BUENOS AIRES, Argentina (AP) — Argentina’s largest trade union group on Monday filed a lawsuit to block a sweeping labor reform promoted by President Javier Milei and aimed at radically altering labor relations in the South American country.
Seems like they are off to a good start.
Argentina: Milei’s Reform Agenda Off to a Strong Start in 2026
The parliamentary summer recess was canceled: instead of holidays at the beach, President Javier Milei used special sessions to push through key reforms with clear majorities even before the start of the parliamentary year.
Uncle Wong
Well-known member
Also read about it hereSounds like the top unions are suing to halt the labor reform.
Argentina’s top union sues to halt President Milei’s sweeping labor overhaul
BUENOS AIRES, Argentina (AP) — Argentina’s largest trade union group on Monday filed a lawsuit to block a sweeping labor reform promoted by President Javier Milei and aimed at radically altering labor relations in the South American country.
Finance Prof
Well-known member
@CraigM just to give you perspective. Even after all of Milei's changes look where Argentina ranks in economic freedom. Terrible. In 106 place right next to Ghana.
earlyretirement
Moderator
Very true. When I first started doing business in Argentina in 2002 I pointed out how Argentina consistently ranks on Transparency International as one of the most corrupt places on the planet. It has more in common with African nations. That's still true today and has a long long way to go.
VINO
Well-known member
Many here seem to be in the dark about how bad corruption is here.
earlyretirement
Moderator
Very true. Many locals are dillusional about corruption in Argentina. Either they are oblivious to it or they pretend like things have improved under this administration.
If you look at the data from Transparency International's Corruption Perceptions Index (CPI) Argentina actually went down under this administration.
Argentina is actually worse than many African nations when it comes to corruption. It ranked 36 out of 100 so it went down from the previous year. It ranked 104 out of 182 countries as the most corrupt places on Earth.
Reasons cited for the decline were the investigation into an alleged bribery scheme involving the management of funds for medicines within the National Disability Agency. For sure the Libra scandal didn't help either.
The CEO of Poder Ciudadano, the Argentine branch of Transparency International, also attributed the lower score to the government's perceived lack of interest in advancing anti-corruption policies.
Cardiac Arrest
Well-known member
Wow I didn't know that Argentina actually moved down on that list. So the world sees Argentina more corrupt with Milei? Interesting.
Look at the facts of the Libragate and also his sister getting busted.
Argentine Prosecutors Uncover Drafts Linking Milei to LIBRA Launch
Argentine prosecutors found draft agreements linking President Milei to LIBRA crypto project, fueling scrutiny of the token’s collapse and potential political-financial entanglements.
dailycoin.com
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