US EditionPresident Boric Disagrees with the Central Bank on the Effects of the Minimum Wage on Employment
8 Articles
8 Articles
President Gabriel Boric entered the debate on the effects that public policies have had, such as the minimum wage and the progressive reduction of working hours from 45 hours to 40 hours, on employment. A discussion that took more force this week, when the Central Bank raised, in the latest Monetary Policy Report (Ipom), that these initiatives have a negative impact on employment. “I have a discrepancy regarding the vision they raised in the Ipo…
The IPoM warned about the impact of the "40 hours" and the rise of the minimum wage on the labour market.
Yesterday Thursday, President Gabriel Boric Font distanced himself from the perspective presented by the Central Bank in its new Monetary Policy Report (IPoM), where the effect of the increase in the minimum wage and the 40-hour Law was reiterated. Today, two secretaries of state supported the statements of the president, reports BioBioChile. “As regards the impact of these measures on employment, the same president said, we do not share that. I…
Chile's president, Gabriel Boric, questioned the assessment of the central bank of the country that some of its government's policies are jeopardising the labour market, in a very critical way to the monetary authority. Trends such as job creation failure respond to factors such as the significant increase in the minimum wage promoted by the government and the gradual reduction of the working day, wrote bank directors in a study included in the …
Hours after the Central Bank of Chile (BCCh) highlighted in its Monetary Policy Report (IPoM) that the rise in the minimum wage and the policy of 40 hours of weekly work would have had a negative impact on employment, President Gabriel Boric showed a discrepancy with regard to the analysis of the monetary authority. SEE MORE: Chile’s inflation is surprising to the downside, a day before the rate decision“I have a discrepancy with the vision they…
President Gabriel Boric disagreed on the diagnosis given yesterday by the Central Bank for a negative impact on employment by social measures such as the minimum wage. In that line, Boric in conversation with UChile TV’s “Deranged” program addressed the Monetary Policy Report (IpoM). “I have a discrepancy regarding vision [...] The entry Pdte Boric disagrees with the diagnosis of the Central for minimum salary was first published on INFOGATE.
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