The active population in figures

Note: (e) Estimated data

Working conditions

Legal weekly duration

The standard workweek is 44 hours.

Retirement age

60

Working contracts

Employment contracts are regulated by Law. Collective agreements in each sector and individual negotiations complement it.
The terms of employment contracts are flexible.

Cost of labor

Minimum wage

3,000 pesos (USD125)

Average wage

Average annual wage (Women): USD 7,203
Average annual wage (Men): USD 12,890

Social contributions

Social security contributions paid by employers: 18.5%.
Social security contributions paid by employees: 24%.

Social partners

Social dialogue and involvement of social partners

The Unitarian Federation ( PIT-CNT ) is the organization that co-ordinates trade union representatives. It puts pressure on the government.

Unions

PIT CNT Inter-union Workers' Congress; National Workers' Convention.

Unionization rate

12%.

Labor regulation bodies

Ministry of work