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Miguel Collado Di Franco / Acento
According to economist and professor Miguel Collado Di Franco, the Dominican Republic’s labor market saw a modest increase of only 2.5% (or 4,355 jobs) in the 12 months between the first quarter of 2024 and the first quarter of 2025.
Analyzing recent data from the Central Bank, Collado Di Franco, Vice President of the Regional Center for Sustainable Economic Strategies (CREES), noted that 27% of the 176,581 new jobs cited by the institution were in the public sector. This means that 47,049 individuals were hired by the government. “In other words,” he explained, “without the use of public funds for these hirings, the growth would have been limited to 129,533 new jobs, and the occupation levels between 2023 and 2024 would not have been reached.”
Collado Di Franco contrasted these figures with those from the first quarter of 2023 to the...
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