BUENOS AIRES, Argentina, Feb 28, 2026 (BSS/AFP) - Argentina's Congress on Friday adopted President Javier Milei's flagship labor reform, handing victory to the libertarian leader in his push to boost hiring by loosening rules on working hours, dismissals and overtime. The so-called "labor modernization law" allows working days of up to 12 hours, reduces severance pay, limits the right to strike and lowers employer taxes, among other provisions. He insists that Argentina's labor laws are outdated, too restrictive and discourage formal hiring. Opposition parties and unions have poured scorn on Milei's claim that the reform will spur a hiring bonanza. For Matias Cremonte, President of the Latin American Association of Labor Lawyers, the reform is "regressive" and "based on a false premise."

Source: Bangladesh Sangbad Sangstha February 28, 2026 05:03 UTC