Overview

• Resolution 5/2025 establishes a monthly SMVM of 322,000 pesos for full-time workers and 1,610 pesos per hour for jornalizados effective August 1
• Unemployment benefits are set at 75% of a worker’s highest net monthly pay in the six months before job loss, with payouts capped between 50% and 100% of the SMVM
• The Secretaría de Trabajo issued the measure after CGT, CTA and business chamber representatives failed to agree in the Consejo del Salario
• The ruling also confirms the exact SMVM figures for April through August as part of the phased increases under the IMF-linked program
• Economists project July inflation below 2% thanks to limited pass-through of devaluation and tighter fiscal management, influencing future wage discussions