The businesses of this country experienced happy times from 2012 to 2019, with net incomes or profits growing by 72 percent from $35.8 billion to $60.9 billion.
One would think that given this data set, this country’s workers would have enjoyed wage increases and pandemic economic assistance. But not really.For starters, wages are so low in this particular country. Even small increases may not matter at all. Currently, while the country’s statisticians estimate that a family living wage is at $19.75, the workers’ average pay is at $9.74. Not even half of a living wage.
This is not a “poor” country. It is known worldwide for its agriculture, fisheries, forestry, rich gold and other minerals, and other natural resources.
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