Venezuela extends the validity of the decree that prohibits layoffs for two more years

The government of Venezuela extended for two more years a decree that prohibits layoffs of employees, both in the public and private sectors, until 2024, the Labor Minister reported on Wednesday, Francisco Torrealba.

“Continuing with the worker protection policy, our (…) president and commander-in-chief, Nicolás Maduro, ordered the extension of labor immobility until December 31, 2024″, Torrealba wrote on his Twitter account.

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This extension will start counting from January 1, 2023, in order to “protect the right to work”.

“The workers covered by this decree may not be fired, demoted or transferred without just cause previously qualified by the Labor Inspector of the jurisdiction.”, reads the letter.

Venezuela has a Labor Law that establishes double payment in case of unjustified dismissals and the calculation of benefits based on the last salary.

The Institute of Higher Trade Union Studies (Inaesin) of Venezuela stated on December 16 that during November there were 67 labor disputes, mostly in the education and health sector, mainly motivated by low wages and poor working conditions.

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Currently, the Venezuelan minimum wage, the norm in the public administration, is 130 bolivars, about 7.7 dollars at the official exchange rate.

Source: Elcomercio

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I am Jack Morton and I work in 24 News Recorder. I mostly cover world news and I have also authored 24 news recorder. I find this work highly interesting and it allows me to keep up with current events happening around the world.