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This Monday, November 30, the annual process to negotiate the increase began of the minimum wage 2021 in the country, with the first session of the Commission for the Agreement on Labor and Salary Policies, which was dedicated to analyzing productivity statistics and those provided by Dane, mainly the Consumer Price Index, those of the behavior of the productive sector and unemployment.
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At the meeting, which was attended by technicians from Dane, from the Ministries of Labor and Finance and National Planning, It was known that the productivity figure during the year was negative, falling 0.6 percent in 2020.
At the meeting, the figure, which is one of the key inputs for the process, was also revealed to the parties conducting the negotiation, since economic experts from the unions and unions were also present.
It is a key aspect for negotiation, since, usually, the increase in productivity is added to the inflation to set the starting point of the increase, but being negative, it would have to be subtracted from the cost of living.
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The second technical meeting for this year’s negotiations is expected to take place today, in which the employers have called for prudence in the aspirations of the unions, which propose a significant increase to boost consumption and the reactivation of the economy .
ECONOMY AND BUSINESS – WEATHER
