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NEWS

Colombian workers pleased with minimum wage hike

Bogota, Dec 25 (Prensa Latina) Colombia’s labor unions support the government’s decision to raise the minimum wage by 9,5% for the coming year.

The president of the Central Unitaria Trabajadores de Colombia (CUT), Fabio Arias, said, for example, that the increase will allow Colombians to have greater purchasing power.

This, he said, considering that the real increase is more than 200,000 pesos (about 45 dollars at the current exchange rate), which means an average increase of 11% over last year.

“We have called on the central workers to reduce the wage gap that we have with the previous decisions of the neoliberal and business governments,” the union leader said.

Meanwhile, the president of the Confederation of Workers of Colombia, Jhon Caicedo, estimated that the new minimum wage for next year is a good increase.

He said the increase, demanded by the workers from the beginning, was in line with their demand for an increase of 12%.

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