Increase in unemployment and in the price of the basic basket due to the increase in the minimum wage "are theories of a political opposition character" - Today's news in El Salvador

The Minister of Labor, Rolando Castro, rejected on Friday the claims of certain business sectors that an increase to the minimum wage could lead to job losses in the country. According to the official, these positions lack technical basis and respond to political interests. “A small group of entrepreneurs says that the increase to the minimum wage generates unemployment. In the Ministry of Labour we have studies where we have reviewed the histor…

The Minister of Labor denied that unemployment is generated by the increase in the minimum wage: “It is an affirmation of a political nature and to generate uncertainty” EL SALVADOR.- In response to pronouncements that have been made against the proposal to increase the minimum wage, Labor Minister Rolando Castro said: “We do not want to affect anyone, besides it is a mandate of Law, a tangible and concrete need that was needed.

Claudia Ortiz, deputy of VAMOS in the Legislative Assembly, today questioned the increase to the minimum wage proposed by the President of the Republic, Nayib Bukele, to the National Council of the Minimum Wage. “12% increase? Why not more? What criteria will be used to define it? Will they analyze the decision or will they only follow orders?” said the opposition legislator, who criticizes the policies of central government. In August 2024, min…

President Bukele Proposes 12% Minimum Wage Increase in El Salvador.

President Nayib Bukele announced Friday morning a proposal to raise the minimum wage in El Salvador by 12%, a move set to benefit thousands of Salvadoran families. “Today, we have submitted the following proposal to the National Minimum Wage Council,” Bukele stated via social media platform X on Friday, April 25. Este día, hemos enviado la siguiente propuesta al Consejo Nacional del Salario Mínimo pic.twitter.com/JjVcimFoQu— Nayib Bukele (@nayi…

The government continues to prioritize the well-being of Salvadoran families, promoting opportunities to improve their economies. The Executive promotes initiatives that seek to generate financial relief and promote sustainable development in the homes of the country. On Friday, the president announced a new proposal formally presented to the National Council of Minimum Wage (CNSM), [...] The post President Nayib Bukele proposes a 12% increase t…