The Wage Index Advanced 2.9% in June and the Informal Index Showed the Biggest Jump
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The most recent figures from Indec indicate that in the first half of the year soils fell below the price rise.
Monthly growth is due to 1.9 per cent growth in the registered private sector, 3.4 per cent in the public sector and 4.4 per cent in the unregistered private sector.
The index of wages increased by 2.9% in June, according to the INDEC.The monthly increase showed an uneven dynamic: the unregistered private led the advance by 4.4%, followed by the public sector by 3.4% and the private sector by 1.9%.The photo of the month confirms that the wage recovery is still fragmented and that informal employment is running at a different rate.I jump from informal employmentIn the last twelve months, wages grew 35.7%, but…
Unregistered private wages ("black") boosted above the CPI to the INDEC wage index. Read more
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