Argentina’s Minimum Wage Hike in Response to Soaring Inflation
Argentina has implemented a 30% minimum wage increase for February and March, as announced by the Presidential spokesperson, amidst an inflation rate surpassing 250%. Adjustment made without Minimum Wage Council consensus; Council sought 85% rise, comprising government, business, and union representatives. The decision, initially resisted by President Javier Milei, sets the minimum wage at 180,000 […]