All signs point to SUNTRAC strike to go as planned

Infrastructure

The Chamber of Commerce, Industries and Agriculture of Panama (Cciap) expressed its concern about the strike announcements of the Single Union of Construction Workers and Similar Workers (Suntracs) and civic organizations of the province of Colon, and warn of the adverse impact of said measures in the economic performance of the country.

For this business association, it is a reality that the economy does not resist a drastic adjustment that would provoke a scaled increase in real estate, which is no longer accessible to a large part of the population that does not meet the requirements of bank credit as a product of various factors, including an increase in unemployment.

Suntracs, which negotiates a collective agreement with the Panamanian Chamber of Construction (Capac), called for a strike on Wednesday, April 18, and demands a salary increase of 60% for the four-year duration of the convention.

‘The strike is a fundamental guarantee for the workers, but its exercise can not harm the rights of other citizens. That is why the Chamber insists that the policies and decisions in this matter must consider the maintenance of the current jobs and the creation of all the many more that our development will demand, “says the CCIAP.

 

READ MORE:http://laestrella.com.pa/panama/nacional/cciap-advierte-impacto-negativo-llamados-huelga/24058675

No Comments

Leave a Reply

Your email address will not be published.

"JB"
Who would sacrifice “God Given Natural Beauty” to make a buck?? Give you one hint……..

Op Ed: Well the holidays were fantastic. Got to see my Grandaughter ( my God is she growing!!) . She made the Dean’s List, and she is becoming John Legend on the piano. I truly hope everyone else’s was as rewarding as mine. Even got the wife to somehow chug …

Economy
“Costa del Este” forming into the Monaco of LATAM real estate in terms of pricing.

https://www.laestrella.com.pa/economia/costa-del-este-el-barrio-mas-caro-de-america-central-CB5672602 An investigation carried out by three real estate portals places Costa del Este as one of the places where it is most expensive to buy apartments Buying an apartment in the exclusive neighborhood of Costa del Este, in the town of Juan Díaz, in Panama City, is more expensive …

Economy
Bleak job outlook for “young” Gen-Z Panamanians

https://www.laestrella.com.pa/economia/231204/jovenes-representan-54-desempleados-pais   The recent results of the Labor Market Survey as of August 2023, carried out by the Institute of Statistics and Census (Inec), which collects the evolution of employment, marked a strong trend of the crisis experienced by Panamanian youth employment. In the reference month of the survey, the …