Employers are asking for flexibility in the negotiation process of the minimum wage this year, and workers have asked to suspend the talks for 15 days. If agreed, the negotiations would reconvene on January 21, 2010, six days before the inauguration of President-elect of the Republic, Porfirio Lobo Sosa. The director of the National Association […]
Negotiators from the labor unions propose to set a minimum wage of 8,500 lempiras, according to the leader of the Confederation of Workers of Honduras (CUTH), Jose Luis Baquedano. “In this country to live more or less, a worker must earn monthly lempiras of 8,500 to cover the cost of basic food, and health, housing, […]
The Center for Economic and Policy Research released a new report on the Honduran economy today. The report finds that the economy has become especially vulnerable to the combined impacts of the world recession and the political crisis that has followed the events of June 28th. “The whole region (Central America) has been hit by […]
Honduran union leaders and government authorities questioned the decision of some representatives of the business sector to impugn the new minimum wage. The Minister of Labor, Mayra Mejia, criticized the determination of members of the Honduran Council of Private Enterprise (COHEP) and considered that business executives should understand the cost of the basic food basket […]
Honduras’ leftist president has raised the minimum wage in urban areas by about 60 percent, but businesses say they cannot afford to pay it. President Manuel Zelaya set the new rate after talks broke down with business leaders. The increase in monthly wages from $181 to $289 went into effect this month. Amilcar Bulnes is […]