He Minimum, vital and mobile salary It is from $ 296,832 in March 2025or $ 1,484 per hour, for the workers. It does not reach $ 300,000 per month. In this way it covers just the 58.1% of the basic food basket (indigence line) for a type type and little more than 25% of the total basic basket (Poverty line). These levels are worse than those registered during the 2001 crisisaccording to a study prepared by the economist Mariana L. González For the center Cipher.
The purchasing power of the minimum wage collapsed brutally from the assumption of Milei, accumulating a loss of more than one third of its real value between November 2023 and April 2025. This is because in the four meetings of the National Employment Council, productivity and the minimum, vital and mobile salary, an agreement was not reached, allowing the Labor Secretariat (He drives Julio Cordero, former Techint manager) Determine the nominal increases, which were practically equivalent to the proposal of the business sector. “Its last resolution, of December 2024, meant continuing with the decreasing trend of the minimum wage, so that it was lost between the last increase prior to this resolution and the current month of 7% purchasing power,” highlights the figure of figure-cta.
Meanwhile, the complicity of the union leaders of the CGT and other guilds facilitate the imposition of downward peers, which consolidates salary deterioration.
The current setback adds to accumulated deterioration in previous years: The real minimum wage fell 44.1% against November 2019, and if measured compared to November 2015, the loss reaches 57.3%. If the purchase power had been maintained since 2015, the minimum wage would today be around 700,000 pesos. After this historical setback The real value of the minimum wage is lower than the one in force during most of the 1990s and in the final crisis of the convertibility regime.
Therefore, the data reveal that, as of February of this year, the minimum wage covered less than a fifth of the average salary registered in the private sector.
This Tuesday, April 29, the Minimum, Vital and Mobile Salary Council (SMVM) – integrated by representatives of unions, business entities and the Executive Branch – meets to define the value of the minimum wage and the unemployment benefit. Under the salary guideline agreed with the IMF that consists in authorizing lower salary increases, 1% monthly (well below inflation), the tendency of purchasing power minimum wage will undoubtedly continue down.
The employment contract law establishes that the minimum, vital and mobile salary (SMVym) should be sufficient to meet the basic needs of a person. This includes ensuring adequate food, dignified housing, education, costumes, health care, transport, recreation, vacations and forecast. Likewise, it must be adjusted periodically according to the variations of the cost of living. However, it does not meet any of those guarantees.
The cost of the family basket for a family of four people is at least $ 1,768,976 according to the workers of the Internal Board of INEC INDEC, almost six times more than the minimum wage established.
A minimum wage that covers the cost of the family basket is necessary and allows workers to live with dignity. This proposal includes measures such as the immediate reopening of parity with automatic update clauses according to inflation, the mass money laundering of informal workers and the reduction of the workday without salary decrease. And a national struggle plan that faces the adjustment policies promoted by the IMF and the Government.
The 10th unemployment showed the strength of the working class, but the CGT and CTA drives aligned with Peronism do not want to give continuity and negotiate behind the workers.
Far from any resignation to the misery that the government and its accomplices want to impose, it is necessary to build and grow the resistance from below all sectors affected by the adjustment. This May 1 From 14.30h, a meeting of class, retired and left -wing students in the Ferro covered stadium to discuss how to defeat the IMF’s plans, the government and its accomplices is called.
Source: www.laizquierdadiario.com
