It was only several months ago the government increased the minimum wage by 10 percent. With the raise Thursday, the minimum wage will go from 3,270 bolivars ($520) to 4,252 bolivars ($675).
Critics note the figures quote the government-set exchange rate, and point out the raise amounts to only $67 at black market rates. Strict currency controls have driven the number of available dollars out of the country and have led to price increases, they add.
Since demonstrations began in February, 41 people have been killed and hundreds more injured. They blame Maduro for mismanaging Venezuela’s oil-rich economy and demand his resignation.
Notable deaths of 2014 [PHOTOS]