Minimum Wage and Mobile Rates in June 2025: An Update
Let's get down to business, shall we? You know what I'm talking about – the Minimum Vital and Mobile Salary (SMVyM)! This bad boy is crucial for our country's economy, and guess what? It's had a bit of a boost in June 2025, thanks to resolution 5/2025.
The Labor, Employment and Social Security Secretariat's all over this, setting the SMVyM figures for June through August. Alas, they couldn't agree on a figure, so the Government, in true 'I-know-best' fashion, made the call unilaterally. But hey, who's keeping score?
Here's what you need to know:
- From June 1 – $313,400 for monthly workers completing the legal workday (excluding family allowances, y'know)
- From July 1 – $317,800
- From August 1 – $322,000
The SMVyM doesn't just help monthly workers; it also plays a significant role in calculating the Unemployment Benefit handed out by ANSeS to those out of work. Here's how it works: the benefit equals 75% of the net amount of the best monthly remuneration a worker earned in the six months prior to job loss, but it never drops below 50% of the SMVyM or exceeds 100%.
But, of course, the Government couldn't simply let the Wage Council (made up of reps from unions and business chambers) decide the SMVyM. No, they had to step in again. As it turns out, the Government's unilateral increases in the SMVyM mirrored their last attempt. Ain't progress grand?
On a different note, the National Institute of Statistics and Census (INDEC) is set to announce the Consumer Price Index (IPC) for May next Thursday (June 12). Rumor has it that inflation took a breather in May, slowing down compared to the previous month. If the predictions are right, the inflation rate might have been around 2% in May, compared to the 2.8% in April. So let's cross our fingers and hope for the best!
The new Minimum Vital and Mobile Salary (SMVyM) figures for June, July, and August are significant for both monthly workers and the Unemployment Benefit calculations by ANSeS, with the SMVyM standing at $313,400, $317,800, and $322,000 respectively. In finance and business news, the Government's unilateral increases in the SMVyM continue to mirror their past attempts, raising questions about progress and collaboration with the Wage Council.
