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Santo Domingo.- International Monetary Fund (IMF) specialists suggest higher wages than the alternative income in the Dominican Republic, to motivate people to join the workforce, and take measures to raise productivity "to make jobs attractive to potential employees. "

Umidjon Abdullaev and Marcelo Estevao, lead searchers of the study on "Growth and employment in Dominican Republic: options for employment growth," say in the document authorized by IMF representative for the Dominican case, Przemek Gajdeczka, that this country has recorded high GDP growth rates and productivity, but labor market indicators have been weak for the past 20 years.

They cited manufacturing, telecommunications and financial services as the few with increased productivity, but which also have had a limited impact on job creation, even with above-average growth.

Furthermore, the experts note that the jobs created tend to be low quality, while real wages have remained stagnant. "The unemployment rates are actually relatively modest, but the extremely low participation in the labor force is serious problem."

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COMMENTS
15 comment(s)
Written by: zooma, 15 Feb 2013 8:45 AM
From: United States, and Dominican Republic

The IMF does not have one iota of the employment culture in this country. They can suggest all they want. Low wages are one of the reasons why investors invest here.

Written by: pelaut, 15 Feb 2013 9:02 AM
From: United States
Higher wages come from first having wealth created.

The undereducated bureau-rats of the IMF, World Bank and governments everywhere, never having had to work or hold real jobs themselves, are indeed clueless. They are suggesting that free money be grabbed from the air to attract "workers" with higher salaries and neat "jobs" like they have. Call that "work"?

And they'll get it, alright! US and Euro loans is their idea of creating wealth. They want to "create attractive jobs" by inflating the wealth that others have created in the past through working at unattractive real jobs.

Obanomics.
Written by: jasfalon, 15 Feb 2013 9:13 AM
From: United States

'Higher wages?"

Why do you think RD business people USE Haitians? So that they can pay LOWER wages.

Dream on IMF.
Written by: josean, 15 Feb 2013 9:32 AM
From: United States, Fighting the Dictatorship of the Narco PLD Mafia; Guillermo Moreno President 2016



Whatever happened to the "BENEFITS" of Lie-onel's Narco-Macro-Money Laundering Miracle?




Written by: Brien, 15 Feb 2013 9:46 AM
From: United States
Pelaut - get over yourself!!!
It's disgraceful the amount of money that is being pocketed as the simple worker is paid nothing! what makes your 'unattractive real jobs' any different than those who are now just scraping by? You got yours, so screw the rest! pitiful
Written by: danny00, 15 Feb 2013 10:10 AM
From: United States, Old Westbury Long Island
You got yours, so screw the rest! pitiful
this is the way they think in the dr....... lets say the price of mike is so high in the dr...... why?... in florida i know of a few guys that work for milk companys...... they make over $500 a week..{the owners also have to pay benifits for their workers}
in the dr iam not sure how much they pay their workers but i would guess 3-6 thousand pesos a month.. few weeks ago i was in supermarket national..... when the young girl told me how much she got paid i could not believe what she told.me..... low wages as they treat their own as slaves.... and the haitians make even lower wages then the dominicans....
Written by: danny00, 15 Feb 2013 10:18 AM
From: United States, Old Westbury Long Island
Bloomberg tops $1B in gifts to alma mater Johns Hopkins University
Published January 26, 2013
Associated Press

BALTIMORE – New York City Mayor Michael Bloomberg is giving $350 million to alma mater Johns Hopkins University, pushing his lifetime giving to the private Baltimore university past $1 billion, the university said Saturday.

University officials believe Bloomberg, who earned his fortune creating the global financial services firm Bloomberg LP, is now the first person to give more than $1 billion to a single U.S. university.


Written by: danny00, 15 Feb 2013 10:19 AM
From: United States, Old Westbury Long Island
Most of the latest gift, $250 million, will go toward a variety of cross-disciplinary subjects, including research on water resources, health care, global health, the science of learning and urban revitalization.

The remaining $100 million will go to need-based financial aid for undergraduate students, awarding 2,600 Bloomberg scholarships in the next 10 years.

"Johns Hopkins University has been an important part of my life said the mayor.
Written by: danny00, 15 Feb 2013 10:22 AM
From: United States, Old Westbury Long Island
with all that money pres leo and his 1st lady have.......
have they given back any thing to the poor of the dr?.
this new york city mayor is worth over 25 billon dollars... said hes going to give it all away before he dies......
can u get even the right time of the day from people like pres in the dr?.

choo choo
all aboard the world-famous choo choo train that ex pres leo gave to his people and even throw in the right time?
Written by: walnut, 15 Feb 2013 10:23 AM
From: Dominican Republic, La Romana
Most Dominicans tend to be unemployable , not unemployed.
Lack of education prevents most from getting better jobs.
Even the educated are hardly capable of working outside the DR, unless educated elsewhere.
Written by: danny00, 15 Feb 2013 10:30 AM
From: United States, Old Westbury Long Island
The undereducated bureau-rats of the IMF, World Bank and governments everywhere, never having had to work or hold real jobs themselvesbureau-rats of the IMF, World Bank and governments everywhere, never having had to work or hold real jobs themselves

REALLY! HOW DO KNOW IF THEY HAD REAL JOBS IN THEIR LIFE TIME?.
WHAT IS A REAL JOB FOR U?
U NEED TO WASH DISHES IN ONE RESTAURANT TO HAVE A REAL JOB?
The undereducated???.. U CAN FIND THAT ALL OVER THE DR......
EVEN THE GUYS IN THE VERY EXPENSIVE SUV'S WITH THE MILLION DOLLAR CONDOS IN SANTO DOMINGO...... TELL ME WHAT REAL JOB THEY HAD OR HAVE?.. S..... THEY F%&#ING ROB AND STEAL SELL OR OVER SEE DRUG BUSINESS...
NOT ONE HONEST DAY OF THEIR F&*%ING LIFE IN THE DR HAVE THEY REALLY WORKED..
Written by: danny00, 15 Feb 2013 10:37 AM
From: United States, Old Westbury Long Island
the world is now in the business of technology........
u have this to offer the serious international investors.
u have solutions four them? u have the knowledge, professional services for these companys?.
yes many blue malls, new hotels for the all u can eat gang..... cheap tee-shirt factories......
where are u going?....... low paying jobs for people with low-skills.....
u need to build as fast as u can more choo choo trains.... f%&* the education who needs it.....
choo choo
all aboard the rikers island express......
Written by: Danilo, 15 Feb 2013 1:28 PM
From: Dominican Republic, SDQ --- Support the repatriation to Africa by CARICOM: www.is.gd/cominghome
I suggest the same, let's create more attractive jobs out of thin air and let's increase wages and scare away investors.
Written by: IloveDR, 16 Feb 2013 9:27 PM
From: Dominican Republic, Santo Domingo
IMF = Immense Multinational Fraud.
Written by: sweetbabyj, 20 Mar 2013 11:57 AM
From: United States
First step is to end corruption where the factory owners and managers do not have to pay off people simply to do work. There is a shoe factory in the free zone where it's new plant manager was robbed at gun point in his own home and left the country. Where is the security for the people. DR has a vast labor pool but no one wants to have to bribe someone for the right to work in the factory. It is closer to the US and Europe cutting shipment cost but then again you have a problem with drugs getting mixed in to the loads. Many problems
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