minimum wage Archives - The Daily Journal

Workers submit more than 40,000 signatures at Miraflores Palace to demand higher wages

October 14, 2026October 14, 2026Tatiana Da GamaLeave a Comment

Unions demanded that authorities calculate year-end bonuses based on total compensation, pay benefits to active and retired employees, and negotiate new salary scales. They warned that workers could shut down healthcare facilities if authorities fail to respond. The Daily Journal.- Labor unions representing Venezuela’s healthcare and education sectors submitted more than 40,000 signatures at Miraflores […]

Health and education unions to march to Miraflores to demand “fair calculation” of year-end bonuses

October 13, 2026October 13, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.- Unions representing healthcare workers, primary and secondary school teachers, and university staff will march to Miraflores Palace on Tuesday, October 13, to submit approximately 40,000 signatures to the national government. They demand that authorities calculate year-end bonuses based on workers’ total compensation rather than the official base salary, which remains frozen at […]

Delcy Rodríguez says pay increases will outpace GDP growth in 2027

October 9, 2026October 9, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— Venezuela’s acting President Delcy Rodríguez said Thursday that increases in workers’ compensation should outpace gross domestic product (GDP) growth starting in 2027, a directive she said she gave to the government’s economic team. “I have asked the economic team to ensure that, starting next year, any increase in workers’ compensation remains above […]

Dollarize without balancing the value of wages?

August 27, 2026August 27, 2026Tatiana Da GamaLeave a Comment

Juan Barreto, Director of The Daily Journal for Venezuela and Latin America In recent days, there has been much talk about dollarization. Congressman Antonio Ecarri put forward this proposal, prompting a strong reaction from National Assembly President Jorge Rodríguez. Dollarization is a policy that very few countries have adopted. As you know, there are 192 […]

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 […]

Family Food Basket reached $727.89 in July, Cendas-FVM reports

August 18, 2026August 18, 2026Tatiana Da GamaLeave a Comment

The Daily Journal.— The Family Food Basket (CAF) cost $727.89 in July, equivalent to 516,804.22 bolivars, according to Óscar Meza, director of the Documentation and Social Analysis Center of the Venezuelan Federation of Teachers (Cendas-FVM). According to the institution’s monthly report, the price in U.S. dollars fell by 3.77%, or $28.56, compared with June. In […]