Jamaican Prime Minister Andrew Holness has confirmed a measured increase in the national minimum wage, raising it by $1,000 to $17,000 per week, effective July 1, 2026. The announcement came during the Prime Minister’s address to the 2026/27 Budget Debate in Parliament on Thursday.
This adjustment represents a recalibration of previous electoral commitments. During last year’s general election campaign, Holness had pledged a more substantial increase of $2,500, which would have elevated the minimum wage to $18,500. However, the government has opted for a more moderate approach in response to current economic realities.
Prime Minister Holness cited multiple external economic pressures influencing this decision. The aftermath of Hurricane Melissa continues to impact Jamaican businesses and households in their recovery efforts. Simultaneously, the economy faces renewed challenges from global energy price fluctuations and increased shipping costs, creating a complex financial landscape.
“In this context, the Government believes it is important to strike the right balance by continuing to improve the earnings of workers while recognising the realities employers face,” Holness stated during his parliamentary address.
The Prime Minister emphasized that this measured increase does not signify abandonment of the administration’s long-term policy objective. The government remains committed to its overarching goal of transitioning from a minimum wage to a livable wage for Jamaican workers. Holness assured that as economic conditions stabilize, the government will continue implementing phased increases necessary to realize this vision for the Jamaican workforce.