Labor Reform Could End 450,000 Jobs: The Warning from the Bank of the Republic That Influenced Its Virtual Collapse

Labor and employment attorney Camilo Cuervo was interviewed by El Colombiano about the impact and future of the labor reform in Colombia following its collapse in Congress. Mr. Cuervo explained that if the reform is not approved, labor rights would remain unaffected, although other strategies such as a citizen referendum present their own legal and political challenges.

"If the reform collapses, nothing happens, absolutely nothing. The government could introduce another project or, as it has already announced, take the issue to a popular referendum," he explained.

Mr. Cuervo also highlighted the need for a reform that promotes labor formalization, emphasizing the importance of adapting to new realities such as telecommuting and artificial intelligence.

"Integrating artificial intelligence into productive processes, promoting telecommuting, and encouraging part-time and hourly jobs, so that new forms of employment fit into the legislation," he said.

READ: Labor Reform Could End 450,000 Jobs: The Warning from the Bank of the Republic That Influenced Its Virtual Collapse