US EditionArgentinian president announces 30 percent increase in minimum wage
17 Articles
17 Articles
Milei increases minimum wage by 30% in Argentina, below what was requested by businessmen and unions
The decision was announced after a lack of agreement with business chambers and unions, which were asking for 85%. Since the last wage adjustment in December, Argentine inflation was 25.5% in that month and 20.6% in January.
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.
Minimum will be increased in two parts; amount is below the 85% requested by union centrals, which are moving to new protests
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
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