Economy January 6, 2021 - 8:17 am

Wage hike push collides with pandemic reality

Santo Domingo.- The workers, like the different sectors in the Dominican Republic, had great challenges during 2020 caused by the pandemic. The shutdown of economic activities led companies to request the layoff of workers and the Government to design programs to avoid the massive terminations of employees.

The trade unions foresee that unemployment can go up to 16% due to dismissal or suspension in formal jobs and informal workers who are semi-paralyzed.

That context is joined by another situation.

To 2021, one more ingredient is added for the working class, mainly for the non-sectorized private sector, which, at the end of June, have to engage in negotiations to define a new minimum wage for non-sectorized private sector workers.

COVID-19

October 13, 2024 - 11:00 am

Public Health to focus on health impact of drinking water

October 13, 2024 - 9:24 am

Cardiologist Moya explains heart is impacted more by heat

October 6, 2024 - 11:15 am

Specialist warns of respiratory virus outbreak in Dominican Republic

October 3, 2024 - 11:44 am

Former Health Minister Wilfredo Hidalgo accused of embezzling over 300 million pesos

MOST READ

Local

Dominican Republic-US open skies agreement set to launch in 2025

Bavaro & Punta Cana

Tourism sector contributes 3 out of every 10 dollars of the Dominican Republic’s foreign exchange earnings

Economy

Airbnb expresses willingness to pay taxes in the Dominican Republic

Economy

Confotur credited for boosting foreign investment in the Dominican Republic

MORE NEWS

Local

Tension at Haina Vacation Reception Center amid repatriation riot

Economy

Maria Abreu and Abreu & Associates empower expats in the Dominican Republic

Economy

CHTA warns against tax reforms in Dominican Republic that could undermine Caribbean tourism

Local

CEED provides daily meals for 3,000 youth at U-17 Women’s World Cup