Minimum Wage and Labor Productivity

Workforce productivity should improve to reduce the negative effects of inflation and the rise in minimum wage, Ali Chagharvand, the director of Plan Management, Planning and Monitoring Department of Iran Chamber of Commerce, Industries, Mines and Agriculture, said in an article for the Persian daily Ta’adol. 
A translation of the text follows: 
The Statistics and Economic Analysis Center of the Iran Chamber of Commerce, Industries, Mines and Agriculture has reported that the Purchasing Managers’ Index related to employment dropped to its 17-month low in the month leading to March 20. 
The index has been declining in all three economic sectors, with services and agriculture sectors registering the sharpest decline.