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Top Diario Financiero News

President Boric Disagrees with the Central Bank on the Effects of the Minimum Wage on Employment

Central Bank · Chile

President Boric Disagrees with the Central Bank on the Effects of the Minimum Wage on Employment

100% Right coverage: 2 sources

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…See the Story