Buenos Aires-Unionized oil workers in Argen- tina accepted a lower-than-inflation increase in their salaries for the next nine months, a move seen aimed at maintaining production and jobs, sources said Tuesday. The employees, who make up the major- ity of those working the fields, accepted a 27.8% wage hike that will be gradually increased to the full amount from January 1, 2016, the Labor Ministry said in a state- ment Tuesday.
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