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Argentine Minimum Wage to be Increased

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Argentine Minimum Wage to be Increased

T
teleSUR English

0 Views • Jul 29, 2015

Description

Following meetings between labor unions, business associations, and the government, it was announced that Argentina's minimum wage would be increased. More than 300,000 workers will benefit from the 28.5% increase, to US$660 monthly. The minimum wage has risen 3,000% in the past 12 years, part of the government's strategy to strengthen domestic demand and boost the living standards of the poorest paid workers. Laureano Ponce reports from Buenos Aires. teleSUR