Fenalco warns that the labor reform could push the country into a recession – Sectors – Economy
Within the framework of the forum on the tax reform, which is in force and analyzed its effects in the macroeconomic context, Jaime Alberto Cabal, president of the National Federation of Merchants (Fenalco), said that sIf a labor reform is approved as has been announced, the costs of hiring in Colombia will end up between 40 and 50 percent depending on the sector. “This is the biggest alert we can do. If the labor reform prospers in Colombia as announced, this country will be another in terms of consumption, growth and employment. At this moment, if we take the costs…
