Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexicans earn less for their work than any other developed country

At the end of 2014, Mexico’s 16 billionaires were worth an average of nearly $9 billion.

That same year, the bottom 20% of Mexicans — nearly 25 million people — were worth an average of $80.

Economic hardship is widespread in Mexico, which is home to more than 120 million people, more than half of whom lived in poverty at the end 2012. Now inequality and wage disparity have emerged as further challenges to the development of Latin America’s second-largest economy.

According to a study of the 34 member countries of the Organization of Economic Cooperation and Development, the . . .

Read Full Story

Related Posts

Uber airport pickups Mexico

Puerto Vallarta airport ride-share standoff continues

Uber, DiDi and InDriver drivers still cannot pick up inside Puerto Vallarta airport, leaving travelers...
Puerto Vallarta bridge rebuild gains visible ground

Puerto Vallarta bridge rebuild gains visible ground

Puerto Vallarta shared new images of the La Desembocada bridge rebuild as officials push to...
Puerto Vallarta Trash Piles Grow as Pickup Falters

Puerto Vallarta Trash Piles Grow as Pickup Falters

Missed garbage pickups are leaving trash on Puerto Vallarta streets as the city struggles to...
Puerto Vallarta turtle recovery effort moves ahead

Puerto Vallarta turtle recovery effort moves ahead

CUCosta says its Vallarta mud turtle program remains active after thefts, with federal review, tighter...