In a scenario constructed from the official statistics promoted by the government, Javier Milei’s Argentina is a happy world: poverty is falling to its lowest level in the last seven years, economic activity is reaching record highs, and fiscal balance is being maintained. But, simultaneously, more and more people say that their present situation doesn’t align with the successes touted by the far-right president, a disconnect pointed out not only by his detractors but even by figures of economic orthodoxy aligned with his policies. Are the official figures false? No, but they are averages that fail to capture an unequal and fragmented socioeconomic reality. And they coexist with other, also official, data, such as the rise in unemployment. Or the acceleration of inflation, whose containment had been Milei’s main achievement and which now remains above 3% per month. In this context, social discontent is spreading, fueled by corruption scandals: almost all opinion polls indicate that the president’s approval rating is at its lowest point.

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Argentine President Javier Milei promised to dismantle the pillars of the Argentina he inherited from Peronism — the populist movement founded by former president Juan Perón — and rebuild a new country from the ground up. One of these pillars, which withstood the onslaught of previous right-wing governments, is labor legislation, whose foundations date back to 1974. This week, the Senate is poised to pass a labor reform that modifies 200 articles of the Employment Contract Law, rendering it unrecognizable. Unlike the attempts made by former presidents Carlos Menem, Fernando de la Rúa, and Mauricio Macri, Milei faces weakened and discredited unions. Also working in his favor is a labor market that has already fragmented and shifted because of technological change and more than a decade of economic stagnation.

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