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Argentina’s Senate votes on labor reforms limiting strikes, cutting costs, and boosting investment amid union opposition.
Argentina’s Senate is set to vote on revised labor reforms that aim to boost formal employment and attract investment by limiting strike rights, reducing labor costs, and restructuring social contributions.
Key changes include scaled-down employer social security cuts, preserved union health fund contributions, and new Labor Assistance Funds financed by payroll deductions.
The bill, backed by the government and centrist allies, removes a planned corporate tax cut and maintains oversight of union funds.
While business groups support the measures, unions warn of widespread protests and disruption, citing risks to workers’ rights and ongoing economic instability.
El Senado de Argentina vota sobre reformas laborales que limitan las huelgas, reducen los costos y aumentan la inversión en medio de la oposición sindical.