The insurance union indicates not in its proposal “we must lose sight of the generous and justified increases that families enjoying a stable formal salary have received for 2022 and 2023and therefore the focus now must be on the households that do not even achieve that minimum fixed income.
Of the 22.7 million Colombians, 5.9 million are men and earn less than the current legal minimum wage (SMLV), while 4.3 million women have incomes of less than $1,160,000.
In terms of this income amount, the gap widens even further for Colombians living in urban centers, with 6.9 million people receiving less than one SMLV. And in rural areas 3.3 million. In total, there are 10.3 million people in the country who earn less than the minimum wage.
Those earning an SMLV are only 1.2 million men and 972,000 women. Of this amount, 1.9 million Colombians obtain this income by working in the cities and 286,000 in the countryside. A total of 2.2 million Colombians earn the legal minimum wage.
In Colombia there are 6 million people who earn more than one SMLV or a maximum of two current legal minimum wages. 3.1 million earn more than two SMLV. And without information about the income that Colombians obtain, the Ministry of Labor indicates that there are 921 thousand people.
Source: El heraldo
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
