Argentina’s Labor Reform Sparks Fourth General Strike Amid Economic Turmoil

Buenos Aires is once again gripped by unrest as Argentine labor unions launch a nationwide 24-hour general strike to protest the controversial labor reform bill promoted by President Javier Milei's administration. This marks the fourth such strike since Milei took office in December 2023, underscoring the fierce resistance to changes aimed at modernizing Argentina's archaic labor system.Why Does Argentina’s Labor Market Remain Frozen in Conflict?The proposed legislation seeks to overhaul long-standing employment regulations that have contributed to Argentina’s economic stagnation and chronic informal employment. Key provisions include revising severance pay calculations, establishing a Labor Assistance Fund (FAL) for employers to...