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The La U party Firmly Opposes President Petro's Labor Reform Proposal

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María Alejandra Trujillo
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Following a recent bench meeting, the La U has party officially announced its opposition to the labor reform proposed by President Gustavo Petro's government. The political organization thoroughly examined the pending proposal, which is awaiting the first of four debates, and concluded that it would not extend its support to the reform.

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The labor reform initiative is currently facing challenges as the government has been unable to secure enough votes to initiate discussions on the articles in the Seventh Commission of the Chamber. In light of this situation, the La U party and its director, former governor Dilian Francisca Toro, will advocate for their own proposal.

According to a statement, the community has expressed serious concerns regarding certain aspects of the government's initiative, particularly its potential impact on small and medium-sized companies, which account for approximately 90% of employment in the country.

Alternate Proposal Gains Support from La U, Conservatives, and Liberals, Jeopardizing Government's Labor Reform

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In response, the political organization will concentrate its efforts on obtaining approval for the alternate proposal presented by Representative Víctor Salcedo. This alternative proposal has been developed through consensus-based dialogues with workers, academia, and the business sector, aiming to create a reform that is respectful and balanced for all segments of society.

The Conservative Party, the Liberal Party, and other sectors have expressed their support for the alternate presentation, further complicating the government's prospects. Despite being three weeks away from the end of the current session, the government has struggled to secure the necessary majorities to commence voting on the labor reform initiative. This development adds to the challenges faced by the government in advancing their proposal.

Bank of the Republic Report Highlights Potential Loss of 450,000 Jobs Due to Proposed Labor Reform

According to a report from the Bank of the Republic, the government's project has the potential to result in the loss of over 450,000 jobs. These figures align with the data provided by the National Federation of Merchants (Fenalco), which were announced on March 17. Fenalco relies on official calculations based on figures from the National Administrative Department of Statistics (Dane) and the impartial and technical data provided by Fedesarrollo.

The figures published by Fenalco also indicate that the labor reform could lead to a rise in unemployment by 4.2 to 5.7 percentage points. This projection suggests that around 600,000 jobs could be negatively impacted in the medium term.

ColombianPolitics BreakingNews DemocraticProcess LaborReformDebate GovernmentProposals
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