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December 23, 2024
The Senate of the Republic approved a resolution mandating that minimum wages be adjusted annually, at least in line with inflation, to prevent the loss of purchasing power and benefit low-income workers.
February 12, 2024
Although per-capita income also depends on demographics, the employment rate and hours worked per employed person, productivity is the only determinant that is not subject to a natural limit and is capable of generating sustained long-term growth.
