“Argentina’s Senate approved President Javier Milei’s flagship labor reform bill early on Thursday, marking a key advance for the libertarian leader’s sweeping economic agenda.

After debating the measure for more than 13 hours, lawmakers voted 42 to 30 to pass the reform and send it to the lower house for debate…

The reform eases hiring rules, changes the vacation time system, allows for extending the standard workday from eight to 12 hours and for salaries to be paid in foreign currency.

It also introduces new limits on the right to strike by setting minimum requirements for services to continue during work stoppages. The reform streamlines the calculation of severance pay, lowering costs for employers by excluding bonuses that were not part of a worker’s regular salary from the compensation formula.”

From Reuters.