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The Minimum Wage Increase Reopens the Debate on the Liquidity of Smes
Summary by El Sol De Iquique
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The adjustment raises the minimum wage to $539,000 and puts renewed pressure on the liquidity of micro and small businesses at the start of the year. The minimum wage increase that took effect this month, raising the monthly minimum income to $539,000, is once again putting pressure on the cash flow of micro and small businesses, at a time that historically sees a concentration of accumulated payments, payroll obligations, and reduced liquidity …
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