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Table 2 Real minimum wages and actual wages by industry, average for 2005–2011

From: Minimum wage violations in Honduras

   Covered Uncovered
Industry Minimum wage Urban Rural Urban Rural
Agriculture, fishing, and hunting 8.38 9.48 5.96 6.43 5.04
Mining 9.56 14.23 11.71 13.06 6.13
Manufacturing 9.74 13.19 10.41 10.34 8.36
Utilities 11.02 16.40 11.86 9.43 6.53
Construction 9.52 11.15 8.83 14.81 12.57
Retail, hotels, and restaurants 9.64 12.44 9.09 13.37 9.74
Transport, storage, and communications 10.03 16.32 10.98 15.05 14.17
Banking, financial, and real estate services 10.64 18.28 11.68 26.21 17.88
Communal, social, and personal services 9.80 19.00 11.61 12.90 9.47
Export sector (Maquila) 9.18 12.41 11.08 11.75 7.19
Average 9.39 13.84 7.97 13.11 7.76
  1. Source: Own calculations from pooled EPHPM surveys for 2005–2011
  2. Notes: All statistics are weighted using survey provided expansion factors. Values are deflated using the Honduran Central Bank’s Consumer Price Index (Dec. 1999 = 100). The average real exchange rate for the period is approximately 10 Lempiras per 1 USD. Following Honduran minimum wage decrees, covered employees are defined as private-sector wage earners and uncovered workers are the self-employed