Mexico’s Senate on Thursday approved a proposal to keep minimum wage increases above inflation, just as the president pitched another sizeable hike next year, part of his government’s drive to reverse a decades-long slide in workers’ purchasing power.
The salary proposal, approved unanimously by senators who voted, calls for adjusting a federal labor law to keep any minimum wage increases from dipping below inflation. The reform will now pass to the lower house of Congress for consideration.
President Andres Manuel Lopez Obrador, who has vowed to prioritize the poor in a country . . .