The history of Jamaican Minimum Wage #jamaica #minimumwage #money #economy #history #jamaicanmoney
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YouTubeDestination Jamaica
The history of Jamaican Minimum Wage #jamaica #minimumwage #money #economy #history #jamaicanmoney
Jamaica’s National Minimum Wage Act was introduced in 1975, setting a base rate of J$25 per week to protect the lowest paid workers. Since then, it has risen gradually—J$300 in 1992, J$2,400 by 2005, and J$6,200 in 2016. More recent years saw sharper increases: a 44% jump in 2023 from J$9,000 to J$13,000, then J$15,000 in June 2024. Today ...
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