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Chilean government reaches an agreement with central labor union to raise minimum wage

RIO DE JANEIRO, BRAZIL - The Chilean government reached a historic agreement with the Central Unitaria de Trabajadores (CUT), the largest labor union in the South American country, to increase the minimum wage by 14.3%, the highest readjustment in 25 years.

The announcement, known yesterday afternoon, concludes more than six years of unsuccessful relations between the CUT and previous governments.

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"In the last four years, not only was no agreement reached, but there were practically no negotiations or consultations . . .

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