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Santo Domingo.- The National Business Council (Conep) on Wednesday blamed the ruling PLD party for Dominican Republic’s skyrocketing percentage of informal jobs, reportedly as high as 65%.

Conep president Manuel Diez said the PLD’s administrations over the last 10 years have been more concerned with creating government jobs than on structural reforms he affirms the private sector needs to generate the employment the population requires.

Speaking at the American Chamber of Commerce’s (AmchamDR), monthly luncheon, the business leader noted that since 2004 for each formal job created, the country gives rise to 14 informal ones.

He said the government itself created 70% of the formal jobs in the same period.

Diez said that’s the reason the country needs a pact for formal employment that includes several core reforms instead of increasing government jobs, subsidies and welfare programs. "Those official decision-makers have been more expeditious in creating new government agencies than promoting changes to public policies to oversee our economy’s most sensitive areas."

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COMMENTS
5 comment(s)
Written by: josean, 26 Jun 2014 9:54 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016




The are finally seeing what josean and others have been saying here on DT for years.....a little late to the party but nevertheless welcome!



Written by: DaveB, 26 Jun 2014 10:32 AM
From: United States
How about doing something about employment laws that essentially punish the employers? High rate severance pay, for instance? The high taxes every employer faces might also keep employment down, since consumer costs are high. Some businesses might not be able to function at the high government rates.
Written by: Ricardolito, 26 Jun 2014 10:52 AM
From: Dominican Republic, Zona Colonial
how can the private sector increase employment when the Dominicans do not want mining projects or new hotels ..better a government job than no job....but I agree with the theory ..government should be small
Written by: josean, 26 Jun 2014 2:31 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



PLD = Economic Chikungunya!


Written by: josean, 26 Jun 2014 3:47 PM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016

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