With a minimum wage of US$470 Chile will climb to second place in the region, but remains far from the OECD

According to a report by the Observatorio del Contexto Económico of the UDP, Chile would only be below Costa Rica. As for the impact of the measures announced by the government on the economy, analysts foresee some effects on employment but are subject to how the subsidy to SMEs functions and not a greater influence on inflation.

RIO DE JANEIRO, BRAZIL - In August of this year, the minimum wage will reach CLP 400,000 (US$470) gross in Chile. It translates into a 14% increase from the current CLP 350,000. It was the agreement . . .

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