Salaries gained 28.8 percent in March compared to the same month last year, while it accumulated a 3.9 percent increase during the first quarter of 2012, according to the Indec national statistics bureau.
President Cristina Fernández de Kirchner urged union leaders to be “responsible” during salary negotiations, and reminded them that “when things go bad, union leaders leave and continue to live well while workers lose their jobs.”
The Vice-president of the Argentine Industrial Union, Daniel Funes de Roja, stressed the fact that “we have the highest minimum wage in the region. I’d rather have a worker that earns a little less than the minimum wage in the future, but has social benefits and is registered,” as the Wage Council is set to meet on Tuesday.
Economy Minister Amado Boudou announced that the income tax floor increase will be $7,998 pesos for married workers with two children, and $5,892 pesos for single workers. The amount increased by 20% and will benefit 800,000 workers.
President Cristina Fernández inaugurated on Thursday the new Scientific and Technological Hub at the City neighbourhood of Palermo, on the site previously occupied by the Giol winery company.
By Carlos BurgueñoArgentina criticized again the economic adjustment plan made by the IMF (International Monetary Fund) in order to break away from the world economic crisis.
World equity markets rallied today after an unexpectedly sharp jump in US employment in February reinforced the view that the world's biggest economy is gaining traction.
US employers stepped up hiring in February, adding a greater-than-expected 236,000 workers to their payrolls and helping to push the jobless rate to a four year-low in a bright signal on the economy's health.
President Barack Obama said today that forging new trade deals with Europe and 10 countries in the Asia-Pacific region would be an important part of his second-term agenda to spur economic growth and create jobs.
The first movie about Apple's legendary co-founder got a warm reception at its world premiere yesterday, just 15 months after Steve Jobs' death.
US Employment grew modestly in January and factory activity touched a nine-month high, supporting views the economy's mild recovery remained on track.
The number of people in work in Britain hit an all-time high late last year, highlighting the continued resilience of the labour market in the face of a stagnant economy.
Federal Reserve Chairman Ben Bernanke said today progress in bringing down US unemployment was too slow and the central bank would act as needed to strengthen the economic recovery.
US jobs growth slowed sharply in August, setting the stage for the Federal Reserve to pump additional money into the sluggish economy next week and dealing a blow to President Obama as he seeks reelection in November.
US President Barack Obama said today the labor market is not hiring workers fast enough, following the release of a government report that showed weaker-than-expected employment figures.
US President Barack Obama said the US economy was still fighting its way back to full health and was not yet growing or creating jobs fast enough, blaming high gasoline prices and headwinds from Europe's economic crisis for the lag.
US employers hired at a dismal pace in June, raising pressure on the Federal Reserve to do more to boost the economy and further imperiling President Barack Obama's chances of reelection in November.
France made clear today it is not prepared to provide aid to struggling carmaker PSA Peugeot Citroen unless it makes concessions that could include suspending dividends.
US private employers added a far fewer than expected 119,000 jobs in April, the smallest gain since September 2011, a report by a payrolls processor showed today.
The number of Americans submitting new applications for jobless benefits edged down last week, easing concerns the labor market was deteriorating after April's weak employment growth.
Job growth in May was the weakest in a year and employers added far fewer jobs in the prior two months than previously reported, suggesting the economic recovery was faltering.
US economic growth showed signs of becoming more self-sustaining as the number of Americans claiming new jobless benefits fell back to a four-year low last week and manufacturing activity in the Northeast picked up this month.
US President Barack Obama signed into law a bipartisan bill to kickstart small business growth and he promised rigorous oversight to make sure the measure does not harm investors, as critics have warned.
US payrolls rose far less than expected in March, keeping the door open for further monetary policy support from the Federal Reserve, even as the unemployment rate fell to a three-year low of 8.2 percent.
New US applications for unemployment benefits dropped to a near four-year low last week, a government report today showed, pointing to continued improvement in the labour market.
Jobs figures released show the US economy is growing and healing, President Barack Obama said, calling on Congress to pass a payroll tax extension and avoid sabotaging the recovery.
US employment grew solidly for a third straight month in February, a sign the economic recovery was broadening and in less need of further monetary stimulus from the Federal Reserve.
"Arab Spring" and "Royal Wedding" were deemed the top phrases of 2011 today, while late Apple co-founder Steve Jobs is the year's top name, according to a global survey of the English language.
US employment growth accelerated last month and the jobless rate dropped to a near three-year low of 8.5%, offering the strongest evidence yet the economic recovery was gaining steam.
President Barack Obama kicked off an effort to encourage US businesses to keep jobs at home instead of outsourcing them overseas, as he rolled out a new election-year theme today aimed at courting middle-class voters.
President Barack Obama could create millions of jobs by attracting more foreign capital to the United States, helping entrepreneurs and being more aggressive in energy, business leaders said.
The September jobs report was "a bit of positive news", but the pace of jobs growth is still too slow to make a significant dent in the unemployment rate, a Federal Reserve policymaker said today.
US President Barack Obama urged Republicans to stop picking "ideological fights" and focus instead on job creation efforts as he pressed Congress to begin voting next week piece by piece on his defeated jobs package.
President Barack Obama urged Republican lawmakers to spell out exactly what they can and cannot support in his $447 billion plan to create jobs, saying it was "time for Congress to get its act together."
Greek officials held talks with EU and IMF negotiators to free up urgently needed bailout loans, but the government and the lenders were reported to be at odds over how to meet a promise to lay off state workers.
President Barack Obama, facing waning confidence among Americans in his economic stewardship, plans some $300 billion in tax cuts and government spending as part of a job-creating package, US media reported today.
John Boehner, the Republican speaker of the House of Representatives, said on Thursday President Barack Obama's jobs proposals "merit consideration" and expressed hope both parties could work together.
President Barack Obama called on Republicans not to play "political games" with his jobs plan as he pressed for swift passage of a $447 billion package he hopes will revive the US economy and boost his re-election prospects.
President Barack Obama hailed a positive jobs report today but said more job growth is needed and predicted the situation will improve over time.
The pace of US private sector job growth slowed in August for the second month in a row with employers adding 91,000 positions, a report by a payrolls processor showed today.
President Barack Obama agreed to unveil new jobs proposals in an address to Congress on September 8, bowing to pressure from Republicans, who objected to the original date set for his high-profile speech.
US Federal Reserve officials are increasingly confident of the economic recovery but remain unsatisfied with the healing of the job market, which they expect to remain between 8.8 percent and 9 percent in 2011, minutes of their January meeting released showed.
Employers hired more workers in February than in any month since May last year and the unemployment rate fell to a near two-year low, raising hopes the economic recovery has gathered critical momentum.
Factory activity in the US Mid-Atlantic braked sharply in April and the number of Americans claiming new jobless aid fell less than expected last week, implying the economy was struggling to regain momentum.
The US economy created far fewer jobs that expected in December, suggesting the Federal Reserve will complete its asset buying program, but the unemployment rate dropped to its lowest in more than 1-1/2 years.
President Barack Obama said he would use his annual State of the Union address to urge both parties to act to lift US growth and create more jobs.
The BBC World Service, part of Britain's state-backed public broadcaster, will shed around 650 jobs, or more than a quarter of its 2,400 posts, over the next three years in a drive to slash costs, it said.
The unemployment rate in Brazil had lowered to just 6.1% for this year, the best indicator for that month since 2003 according to the Brazilian Institute of Geography and Statistics (IBGE).
A Brazilian union carried out a 24-hour strike at a General Motors Co factory to protest dwindling output on an assembly line where workers fear for the future of 1,500 jobs.
A Hong Kong based company released a Steve Jobs action figure that more that a toy looked like a realistic depiction of the Apple founder than a doll, which was designed for fans of the late technology guru.
The lead singer of heavy metal rock band Iron Maiden, Bruce Dickinson, has announced plans to open an aviation centre in South Wales that will bring up to 1,000 new jobs to the area today.
Apple co-founder Steve Wozniak says a new movie about late chairman Steve Jobs appears to misrepresent aspects of their personalities and their early vision for the company.