
Who would have thought so? A report in El Dinero says that the monthly salary of women in the formal labor market is 5.4% higher than that of men. Women make up 45% of the labor force.
Journalist Esteban Delgado reports that an analysis of Social Security Treasury (TSS) statistics reveals that as of 31 December 2020, women were making on average RD$24,992.10 per month. The average male wage is RD$23,706.22 per month.
Only among younger workers (16 to 24 years of age) and older workers (65 years of age and older) do men make higher salaries. In the most productive segments (25 to 64 years of age), women earn higher salaries.
1,437,357 employees are in the private sector. This is 9.3% less than the 1,585,903 jobs as of 28 February 2020, just before the Covid-19 pandemic hit, causing a collapse of economic activities.
TSS statistics reveal that in 2020, 148,446 formal jobs were lost in the private sector. Delgado reports this is a minimal amount when taking into account that unemployment reached over 800,000 in the worst months of the pandemic.
The TSS indicates in its statistical report that at the end of February of this year the number of registered employers was 91,719 companies, for a reduction of only 1% (953 less) if compared to the 92,692 active companies before the pandemic.
29.5% of the jobs registered as of 31 March 2020 (662,220) were government jobs in centralized and decentralized entities. Private jobs by that same date were 1,587,920.
From 31 March 2020 to 28 February 2021, there was a loss of 150,463 jobs.
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El Dinero
15 March 2021