Argentina’s Unions Walk Out of Wage Council, Leaving Milei to Set the Minimum Wage by Decree
ARGENTINA · ECONOMY Key Facts —What happened: Argentina’s main union federations walked out of the wage council and rejected the employers’ offer as derisory. —The gap: Employers offered about 400,000 pesos (US$264); the CGT demanded 911,202 pesos (US$602) immediately. —The stakes: The minimum wage is now 376,600 pesos (US$249) a month and anchors benefits and […] The post Argentina’s Unions Walk…
Argentina's main union federations, including the CGT and CTA, walked out of the wage council, rejecting an offer from employers as too low. The employers' proposal amounted to about 400,000 pesos (US$264) per month, while the CGT demanded a significant increase to 911,202 pesos (US$602) immediately. The minimum wage currently stands at 376,600 pesos (US$249) per month, a figure that underpins benefits and informal pay across the economy.
With no agreement reached, President Javier Milei's administration will set the new minimum wage through a decree, a move it has employed since the wage council collapsed. The unions have vowed to file a fresh complaint with the International Labour Organization, citing the lack of real tripartite dialogue. The government must publish the new wage floor within days, and the ILO expects a report by September 1.
Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
