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Free AccessGovernment Agree With Union To Raise Minimum Wage, Goes To Congress
- Chile’s government reached an agreement with the Central Unitaria de Trabajadores association of unions to raise the minimum wage to CLP400,000 ($472) by August this year, the Finance Ministry said in a statement.
- "Thus, as a first point, the Executive will propose to Congress a readjustment of the minimum monthly income for workers over 18 years of age and up to 65 years of age, of 50,000 during the year 2022 – the highest in 25 years; which will be paid as follows: as of May 1, it will increase from the current 350,000 to 380,000; and from August 1 up to 400,000.” (DF)
- Full article here: https://www.df.cl/gobierno-y-la-cut-llegan-a-acuerdo-salario-minimo-llegara-a-400-mil
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.