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Venezuela Raises Minimum Wage 3000% and Lots of Workers Get Fired – Bloomberg

Posted 14 September 2018 by coastvan

Bloomberg

Venezuela Raises Minimum Wage 3000% and Lots of Workers Get Fired
Bloomberg
... guaranteed 1,800 bolivars a month -- worth about $20 at the black-market rate. President Nicolas Maduro intended the mandate as political boost, but it's having the opposite effect as companies, already hit by Venezuela's epic economic contraction ...

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  • Post Title: Venezuela Raises Minimum Wage 3000% and Lots of Workers Get Fired – Bloomberg
  • Date Posted: 14 September 2018
  • Author: coastvan
  • Filed As: Uncategorized
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