Venezuela's President Orders 60% Increase in Minimum Wages Amid Crisis

Venezuela's President Nicolas Maduro has ordered on Monday another 60-percent increase in minimum wages amid ongoing crisis, which would benefit government workers and the military, media reported.

Venezuelan leader unveils 50 pct minimum wage hike

Venezuelan President Nicolas Maduro on Sunday announced a 50-percent increase in the minimum wage to help public-sector workers cope with runaway inflation.

Brazil loses 1.5 million jobs in 2015

Brazil saw 1.5 million net dismissals in 2015, far worse than the previous year when it created 420,000 formal jobs amid economic difficulties.