‘We all earn the same’: Venezuela minimum wage hike angers skilled workers

Workers of the Venezuelan Corporation of Guayana (CVG) attend a protest demanding the government to mantain pay scales, in Puerto Ordaz, Venezuela September 25, 2018. REUTERS/William Urdaneta

CARACAS/PUNTO FIJO, Venezuela (Reuters) – Yusbell Arcaya used to earn more than seven times the minimum wage as a human resources analyst at a university in western Venezuela, but socialist President Nicolas Maduro‚Äôs economic reforms changed all that. Last month, Maduro unexpectedly ordered a 60-fold increase in the minimum wage to compensate for runaway inflation […]

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