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October 18, 2024
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Informality stands at 55.3%, drops 2.47%

Informality stands at 55.3%, drops 2.47%

The percentage of informality labor in the Dominican Republic it was located in 55.3% between July and September of this year, for a decrease of 1.4 percentage points compared to the third quarter of last year, when the rate was around 56.7%, representing a decrease of 2.47%.

This reduction was due to the growth of market labor formal: of the 173,000 jobs created In the last twelve months, 83.24% (144,000) were jobs formalreported this Friday the governor of the Central Bank of the Dominican Republic (BCRD), Hector Valdez Albizuwho indicated that this figure was above 239,000 jobs created between April and June of this year.

During his speech within the framework of the seventy-seventh anniversary of the entity monetary who directs, Valdez Albizu highlighted that the country reached the all-time high of 5,029,347 people busy.

“We had never recorded figures similarnot even close to this,” emphasized the governor, who added that the calculations for the last two semesters are “well above the historical average, of 101,123 workers.”

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It reduces the poverty monetary

Likewise, the poverty monetary It was reduced by 19.0% in the second quarter of 2024, for a decrease of 4.5 percentage points compared to April-June 2023.

The decline is due, according to Valdez Albizu, to the increase in income nominal per capita that Dominican households have presented, which have allowed greater access to a basic basket of goods and services, beyond a food basket.

Journalist. Graduated from the Autonomous University of Santo Domingo (UASD), with an additional semester in Written Communication taken at Maryville College, United States. He has written about economics for the newspapers El Jaya and elDinero. Passionate about finances, culture, literature and well-being.

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