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

Los Cabos hurricane evacuations

Mexico Pacific hurricane season opens with El Niño risk

The 2026 Eastern Pacific hurricane season begins May 15 with forecasts calling for above-average activity...
Scorpion

Health officials warn of rising scorpion stings in the Puerto Vallarta region

Health officials cite more than 2,000 scorpion-sting incidents in the Puerto Vallarta health region as...
Los Cabos earthquake preparedness

Earthquakes Today: Mexico recorded more Pacific seismic activity

A 4.2-magnitude earthquake struck far west of Puerto Vallarta early Thursday as Mexico recorded more...
Puerto Vallarta Golf Fundraiser Tees Up Local Causes

Puerto Vallarta Golf Fundraiser Tees Up Local Causes

Puerto Vallarta’s first Hoteles Vallarta Invitational will pair golf and a food market to raise...