In Nicaragua, the minimum wage is applied to nine sectors of the economy and must be adjusted every six months.
Inflation is currently running close to 12 percent per year. The minimum wage is currently 1,901 cordobas, or just under 100 dollars, per month. Union leaders say that barely covers 12 percent of the cost of the basic consumer basket of goods.
The minimum wage was increased by 15 percent last January.
The 6% increase will apply from next Monday 16 August to both the public and private sectors.
In February the Nicaraguan government, businesses and unions agreed a total increase of 12% for 2010, to be applied as two half-yearly 6% adjustments.
Union leaders sought a larger rise in this second half of the year but in the end, "they signed the document, laying aside the proposal that the minimum wage should increase in line with the basic shopping basket," reports Laprensa.com.ni.
The Salvadoran labor sector has already submitted proposals to the government, which said that it will set the minimum wage in the next year.
An article in Laprensagráfica.com reported; "Next year we will revise the minimum wage received by Salvadoran workers, but suggestions have begun to emerge, said Humberto Centeno, Minister of Labour and Social Welfare."
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