Argentinian president announces 30 percent increase in minimum wage
17 Articles
17 Articles
On Wednesday, the Argentine Government ordered increases for the monthly minimum wage for the next two months, setting it at 180,000 pesos (about US $215) in February and 202,800 (US $242.2) in March, it was officially reported. The measure was ordered by a presidential decree after not reaching an agreement between workers and employers, it was reported through the Official Gazette. Don't get lost in pulseThis wage base reference was 156,000 pe…
Negotiations with associations and trade unions have failed, and now the Argentinean government has ordered a significant increase in the minimum wage. 57 percent of the population currently lives below the poverty line.
In February, the Milei government raised the minimum wage to 180,000 pesos (199 euros), then in March to more than 202,000 pesos (223 euros, +12.2%)
In order to combat the poverty that is constantly increasing in the country, Javier Milei decided to increase the minimum wage by almost a third The Argentine government under President Milei decided to
The minimum wage in Argentina will be increased by 30 percent. This was announced by a spokesperson for President Javier Milei on Tuesday. The increase in the minimum wage is necessary because more and more Argentines are living below the poverty line as a result of skyrocketing inflation of more than 250 percent.
The minimum wage in Argentina will be increased by 30 percent. This was announced by a spokesperson for President Javier Milei on Tuesday local time. The measure comes as more and more Argentines are falling into poverty, as a result of skyrocketing inflation of more than 250 percent.
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