Overview
- Argentina’s draft would narrow dismissal indemnity calculations, end ultra-activity of expired collective agreements, and give company-level accords priority over sectoral deals.
- The proposal creates a mandatory Labor Assistance Fund financed by a 3% employer contribution to SIPA, cuts employer social charges, and limits certain union actions and funding streams.
- The government plans to introduce the bill in the Senate on December 10 for extraordinary sessions through December 30, with Senator Patricia Bullrich leading talks and signaling openness to committee changes.
- Polling by Explanans reports roughly six in ten Argentines support labor reform, while the CGT floated a special, more flexible regime for workers under 30 that the government has heard informally.
- Mexico’s initiative would reduce the legal workweek to 40 hours through gradual two-hour annual cuts to 2030, with debate over timing and rest days, as analysts note over 55% informality could limit immediate benefits.