Minimum wage 2023: employment in Colombia will be on the ropes after rise

There has been an agreement between the Colombian government, unions and businessmen to increase the minimum wage for next year, and although a priori it does not seem to have a negative effect on the formation of prices, there are many doubts about what will happen with. employment.

With the increase in the minimum wage and the increase in the transportation subsidy, workers in Colombia will receive $1.3 million. . .

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