Puerto Vallarta News

Puerto Vallarta News

Mexico’s Minimum Wage Debate – Home to the World’s Richest Man and Lowest Wages

Mexico has the 14th largest economy in the world, a humming manufacturing sector, a newly opened energy sector that’s drawing worldwide interest and, at $144 a month, likely the lowest minimum wage in Latin America.

“It’s ridiculously low,” said Jonathan Heath, an independent economist.

The wages that Mexican employers pay those on the lowest rung of the country’s $1.3 trillion economy have fueled a national debate this month, drawing demands by parties both to the left and right of the ruling Institutional Revolutionary Party to impose an increase.

It’s a debate that highlights the inequalities . . .

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