Minimum wage to increase to $17,000 come July 1
Effective July 1, the minimum wage will be increased from $16,000 to $17,000.
Prime Minister Dr. Andrew Holness made the announcement during his budget debate presentation yesterday.
Last year Dr. Holness promised that the minimum wage would move from $16,000 to $18,500 with gradual increases planned for the following years.
However, the prime minister acknowledged that the economy is still navigating external shocks following Hurricane Melissa.
As a result, he emphasized that the government believes it is crucial to strike a balance between improving workers’ earnings and addressing the challenges that employers face.
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