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PM announces reduced minimum wage increase amid economic pressures
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PM announces reduced minimum wage increase amid economic pressures
Prime Minister Andrew Holness announced on Thursday that the country’s minimum wage will increase from $16,000 to $17,000, effective July 1, a smaller rise than the previously planned $18,500. Speaking during the Budget Debate in the House of Representatives, Holness cited the ongoing recovery from Hurricane Melissa, the rebuilding of businesses, and external economic pressures, including rising energy and shipping costs, as reasons for the adju…
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