NewsWhore
05-05-2011, 04:00 PM
Fernando Delgado, regional resident representative for Central America, Panama and the Dominican Republic for the International Monetary Fund, and Luis Cubeddu, deputy division chief of the Regional Studies Division of the IMF's Western Hemisphere Department told El Dia that the DR should exercise caution and should avoid significant increases in wages to compensate for increases in food and fuel prices to prevent an inflationary spiral as occurred in the 1970s. They advised the government to protect workers' purchasing power without affecting inflation, recommending instead a gradual wage increase, as reported in El Dia.
Labor union and business representatives are holding their biennial talks for minimum wage increases. The labor unions favor an across-the-board wage increase.
More... (http://www.dr1.com/index.html#8)
Labor union and business representatives are holding their biennial talks for minimum wage increases. The labor unions favor an across-the-board wage increase.
More... (http://www.dr1.com/index.html#8)