The real increase in the minimum wage, a long-standing discussion

The real increase in the minimum wage a long standing discussion

This week the negotiation of the minimum wage for 2022 was finalized, after President Iván Duque proposed an increase of 10.07%. Pros and cons. This is a space for free and independent expression that exclusively reflects the views of the authors and does not compromise the thought or opinion of Las2Orillas. This week the negotiation … Read more

The first million minimum wage: an achievement of the workers

The first million minimum wage an achievement of the workers

This is a space for free and independent expression that exclusively reflects the views of the authors and does not compromise the thought or opinion of Las2Orillas. In the midst of the greatest social crisis derived from a neoliberal economic model, aggravated by the Covid-19 pandemic and its appalling management by Duque’s bad government in … Read more

They propose an 11% increase in the minimum wage by 2022

They propose an 11 increase in the minimum wage by

The electoral contest for 2022 takes more shape every day. While several of the candidates have joined a certain coalition, others have begun to show their cards. This is the case of Juan Carlos Echeverry, who was already Minister of Finance and also served as President of Ecopetrol, among other positions. (Also read: Solidarity Income: … Read more

Minimum wage requires maximum increase

1638446610 Minimum wage requires maximum increase

This is a space for free and independent expression that exclusively reflects the views of the authors and does not compromise the thought or opinion of Las2Orillas. The employment crisis, first due to the effects of the neoliberal model and the lack of effective policies due to a bad government, which, moreover, improvises, worsened alarmingly … Read more

Government, employers and unions agree to the largest increase to the minimum wage in 46 years

Government employers and unions agree to the largest increase to

The minimum wage in Mexico has grown above the rate of inflation for six years in a row. Photo file Dec 1 (Common Sense) – The Government of Mexico, with the support of business and union leaders, decided to raise the national minimum wage at a double-digit rate, with the intention of trying to maintain … Read more

The study of one of the 2021 Nobel Prize winners in economics that went against the theory of the negative effects of the increase in the minimum wage on employment – La Tercera

1636690418 The study of one of the 2021 Nobel Prize winners

In 1992 the alarms were raised in New Jersey by an increase in the minimum wage from US $ 4.25 to US $ 5.05 an hour, because it was presumed that the measure would reduce the labor supply. However, this theory did not convince the recent Nobel Prize winner in economics and academic from the … Read more

Minimum wage for next year would increase more than 6%, driven by inflation

1636348735 Minimum wage for next year would increase more than 6

A key factor when arranging the minimum salary For next year it is caused by inflation, which has been on the rise since April, after the shock of the national strike and after rises in the prices of food and raw materials, due to internal and external factors, such as problems in the international logistics … Read more

The Nobel Prize in Economics and the minimum wage

The Nobel Prize in Economics and the minimum wage

President of Conasami A few weeks ago, the three winners of the 2021 Nobel Prize in Economics were announced: David Card, Josua Angrist and Guido Imbens. This distinction is due to his contributions to the use of methods that more accurately measure causality in the economy, mainly in the labor economy. For us labor economists, … Read more

Reflections on minimum wage and employment, on the subject of the Nobel Prize in Economics – Labor Information Agency – AIL

Reflections on minimum wage and employment on the subject of

Beginning ” Opinion ” Reflections on minimum wage and employment, on the subject of the Nobel Prize in Economics The recent winner of the Nobel Prize in Economics has done studies on the minimum wage By Carlos Julio Díaz Lotero In the next few days, the National Commission for the Agreement on Labor and Salary … Read more