manufacturing sector Archives - The Daily Journal

How much does an industrial worker earn in Venezuela?

August 20, 2026August 20, 2026Tatiana Da GamaLeave a Comment

The average salary of an industrial worker in Venezuela covers barely 41% of the cost of the basic food basket, highlighting a deep gap between income and the cost of living. Even at large companies, where monthly income reaches US$455, workers earn only enough to cover 63% of what a family of five needs. The […]

Manufacturing sector loses 44% of working hours due to power outages

August 20, 2026August 20, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Power outages became the second-largest constraint on domestic production during the second quarter of 2026, according to an assessment of the manufacturing sector’s performance presented by the Venezuelan Confederation of Industrialists (Conindustria). Between April and June, companies reported an average of 214 hours without electricity out of a total of 488 working […]