Possible change in minimum wage to be announced in a few weeks

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Possible change in minimum wage to be announced in a few weeks

Minister of Labour, Stephen Mc Clashie has revealed that government has been deliberating over a change in the minimum wage and announcement will be made soon.

In a GML interview, Mc Clashie said the change has been under careful consideration over the last three weeks and he anticipates a final decision within the next two weeks.

The minimum wage is currently $17.50 per hour and the Joint Trade Union Movement (JTUM) has been calling for it to be increased by almost 100 per cent to $30 an hour.

However, the Minister described the deliberations as “complex”, adding that the final decision would, and must, be a figure that does not do more harm than good.

“You do not want to put a wage that spirals inflation and, in fact, has the opposite effect of what you want to put in place. It’s a dynamic that has to be balanced between the needs of people and also the outcome with regards to the impact on the economy,” he said.