Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

Mexico City Mayor Proposes $6 PER DAY Minimum Wage

It doesn't sound like much, but Mexico City's mayor has raised hackles with a proposal to increase the country's $5 per-day minimum wage to $6 per day.

Mayor Miguel Angel Mancera says the city will propose raising the 67.29 peso minimum wage to 80 pesos per day. That's about the price of a hamburger meal at a chain restaurant in Mexico.

Mancera told local media Monday "it won't be easy." Federal officials have expressed fear such a measure will cause inflation.

Mexico's minimum is comparable to Honduras or Nicaragua, the poorest nations . . .

Read Full Story

Related Posts

CFE Bill Clues That Can Help Lower Your Power Costs

CFE Bill Clues That Can Help Lower Your Power Costs

CFE says a few lines on your electricity bill can explain rising costs and help...
Viva Aerobus and Volaris report heavy first-quarter losses

Viva Aerobus and Volaris report heavy first-quarter losses

Viva Aerobus and Volaris lost $145 million in the first quarter as fuel and peso...
Mérida clears market stalls in downtown space push

Mérida clears market stalls in downtown space push

Mérida removed 45 semi-fixed stalls near Lucas de Gálvez market, freeing sidewalk space in a...
Hotel Xcaret Guest Dies After Collapsing in Resort Pool

Hotel Xcaret Guest Dies After Collapsing in Resort Pool

A 56-year-old Mexican guest died after collapsing in a Hotel Xcaret pool. The company says...