Employment in Colombia: this is the shock labor flexibility that 24 economists propose – Sectors – Economy



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Renowned top-level economists delivered a proposal to the Government to boost employment, which has three axes: small labor-intensive public works, temporary flexibility of the labor market and acceleration of public investment.

The proposals are contained in a letter, signed by Luis Fernando Alarcón, Mónica Aparicio, Jesús Botero, Jorge Humberto Botero, Carlos Caballero, Antonio Celia, María Mercedes Cuéllar, Cristina Fernández, Hernando José Gómez, Rudolf Hommes, Martha Lasprilla, José Leibovich, Eduardo Lora, Jaime Millán, Armando Montenegro, Gustavo Moreno, Mauricio Reina, Luis Álvaro Sánchez, Mauricio Santamaría, Fernando Tenjo, Eduardo Uribe, Ricardo Villaveces, Tito Yepes and Hernando Zuleta.

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Economists pointed out that, As unemployment affects women and young people more, it is imperative to adopt emergency measures.

The most important proposal points to a temporary relaxation of the labor market to seek the creation of 350,000 jobs and includes aspects such as pay these employees 80 percent of the minimum wage, make full contributions to health and professional risk insurance, but pension contributions would not be paid or will be made based on hours worked.

At the same time, they also point out that in this case no contributions will be paid to the compensation funds and the termination for just cause of the contracts would be done with an indemnity equivalent to two days per month.

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“These emergency conditions only apply to new jobs generated by the private sector from the level of September 2020 and until the emergency of the pandemic ends,” the letter emphasizes, recommending that these conditions be part of a dialogue between unions , governments, businessmen and representatives of the population targeted by the program.

Similarly, to create 500,000 jobs, economists pointed out that a strong boost should be given to small public works, forming brigades throughout the country to repair roads, take care of forests, reinforce education for girls and boys, paint and repair schools and public buildings. , offer free admission concerts, athletes who offer classes, and repair and recovery of parks, among others.

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In these projects, women, young and old who do not receive State aid would have priority, and local governments could 30 percent. And thirdly, the letter proposes that through a acceleration of public investment can create another 150,000 jobs, promoting a number of tertiary roads that must be maintained, working up to three shifts if necessary.

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ECONOMY AND BUSINESS
TIME

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