Venezuelan Street Protests Return as Inflation Erodes Wages

(Bloomberg) -- Venezuela’s public sector workers are mounting the biggest anti-government protests in years as they fall behind in an economy that has embraced the US

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teachers marched in downtown Caracas on Monday, joined by nurses, pensioners and others to demand higher salaries to compensate for the rapid depreciation of the local

currency.  Workers organized at least 50 protests on Monday and more than 150 across the nation in the past week, according to preliminary estimates from the Venezuelan

Observatory of Social Conflict, which tracks social unrest in the country. The average monthly wage for teachers of around 500 bolivars — about $25 - is barely enough to pay

for public transportation costs, protesters said.  “As well as being a teacher, I am a nail technician, a baker and graphic designer,” said Ines Gil, 43, a teacher at a

Caracas public school who, like others, donned black to symbolize her mourning for decent pay. “I have to do whatever it takes to survive.”