The measures of Javier Milei and Luis Caputo caused a looting of the purchasing power of salaries, pensions and social programs. Inflation in 2024 was 117.8%, a high number that eroded the purchasing power of income. The Government intends to impose salary ceilings, so that the agreed parities do not exceed 1% per month when higher inflation is expected and also does not take into account the loss of 2024, much less the decrease in previous years.
Every month the salary is enough for fewer days of the month. How much should our minimum salary be? The Internal Board of ATE INDEC calculated that A household made up of a 35-year-old couple with two school-age minors needed, in December 2024, $1,616,148 to satisfy their minimum needs. This value is made up of $551,153 necessary to acquire a Minimum Food Basket and $1,064,994 to access other basic goods and services.
We share the value of the exercise we call “How much should our minimum wage be? Updated as of Dec-2024.
Full report at: https://t.co/xnXPsoJYZF pic.twitter.com/ibydXDrh7p— ATE-INDEC (@ATEIndec) January 15, 2025
The organization’s workers clarify that it is not ideal, but it includes the payment of rent, an expense that is not considered in the poverty basket carried out by Indec. The basket, prepared by the Internal Board of Ate Indec, contains an income currently required to cover the basic needs of workers and their family nucleus.
“No worker should earn – out of pocket – less than the value calculated in this exercise,” say Indec workers.
State workers were one of the sectors attacked by this Government with layoffs and salary adjustments. The deterioration of the purchasing power of the state salary in the Milei era was 28%as estimated by Indec workers for a witness case (Level D Grade 0).
Given the high cost of living, it is necessary to reject the official salary cap and demand an emergency salary increase to recover everything lost. Instead of accepting Milei’s demands, union leaders should be at the head of a plan of struggle in defense of wages and employment with measures such as a minimum wage equal to the family basket, which is updated for inflation. As well as fighting against layoffs, the ongoing adjustment.
Source: www.laizquierdadiario.com
