University professors called for a protest at the Ministry of Labor to demand salary increases
Fapuv reported that they will protest in front of the Ministry of Labor to demand "decent salaries and pensions".
TL;DR
- Fapuv is protesting on February 26th in front of the Ministry of Labor in Caracas for "decent salaries and pensions".
- The minimum wage in Venezuela is 130 bolivars (0.32 USD), with no increase in four years.
- Bonuses, like the "Economic War Bonus," do not impact social benefits and are seen as a legal fraud by Fapuv.
- The family basic basket costs $295, and some estimate a living wage should be around $800.
- Prices for personal hygiene products and protein have increased significantly between December 2025 and February 2026.
- The official exchange rate has also depreciated, moving from around 300 to 400 bolivars per dollar in the same period.