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Nicaragua Wages
As fixed salaries became increasingly meaningless in
the late
1980s, high annual turnover, as much as 100 percent for
urban
industrial workers, was also typical of the Nicaraguan
labor
force. By 1988 real wages in Nicaragua were less than
one-tenth
of those in 1980, reflecting the impoverishment of the
middle
class as well as increasing numbers of the poor. Nonwage
incentives instituted by the Sandinista government in the
early
1980s for public-sector workers were abandoned during the
period
of extreme economic adjustment of the late 1980s. By
inauguration
day 1990, it was not uncommon for skilled office workers
to earn
the equivalent of US$10 per month, augmented in some cases
by
dollar-denominated bonuses for workers in the private
sector.
Data as of December 1993
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