LatinNews Daily - 2 May 2025

*Chile’s President Gabriel Boric has commemorated International Workers’ Day by highlighting the advances in the labour agenda of his government including a “historic” increase in minimum wage, with the most recent hike agreed on 30 April; a reduction in the working week to 40 hours; the passing of a pension reform; and the approval of a law to prevent and address workplace harassment and violence, known as Ley Karin. Boric was speaking the day after his government reached an agreement with the umbrella trade union Central Unitaria de Trabajadores (CUT) to raise the minimum wage to Ch$529,000 (US$557) a month from yesterday and to Ch$539,000 by 1 January 2026. When Boric took office in 2022, the minimum wage was Ch$350,000. “This agreement represents a concrete advance for workers and paves the way to build wage policy of our country, improving the life and welfare of thousands of families,” said the CUT in a statement. The CUT called on congress to approve the agreement.

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