Comment: Minimum Wage Rise Is All Very Well, but Where's the Plan for Growth?

Minimum wage, maximum pressure: Are hiring freezes the real threat or familiar fear? - Barbados Today

When Barbados announced that the national minimum wage would rise from $8.50 to $10.50 per hour effective June 1, the goal was clear: help workers cope with an unforgiving cost of living. For many low-wage earners, this increase isn’t extra – it’s essential. With food inflation rising over 30 per cent between 2022 and 2024, according to the Barbados Statistical Service, and with fuel and utility costs eating away at already tight budgets, the bu…

Comment: Minimum wage rise is all very well, but where's the plan for growth?

Sixty-one pence doesn't sound much, but it is well above the rate of inflation, and will no doubt be welcomed by many families struggling with the cost of living.

How Mexico Doubled the Minimum Wage | Luis F. Munguía

The minimum wage in Mexico has more than doubled in real terms over the last six years. This is no small feat, especially if we take into account that the policy neither led to feared job losses nor price increases. This was partly because the Mexican minimum wage was well below those of other Latin American countries. With the latest increase, however, Mexico’s minimum wage is now greater than those in half of the region. Each successive increa…