Puerto Vallarta News

Puerto Vallarta News

Mexico raises minimum wage to $4.71 per day

Mexico will raise its minimum wage to $4.71 per day next month, President Enrique Pena Nieto said on Tuesday, a 10 percent hike unlikely to satisfy U.S. and Canadian NAFTA negotiators who see low Mexican salaries as unfair competition.

Starting in December, Mexican workers will earn at least 88.36 pesos ($4.71) per day, up from 80.04 pesos.

During the renegotiation of the North American Free Trade Agreement, Mexico has come under criticism for poor worker conditions, which the United States and Canada say allow it to benefit disproportionately from the pact.

Along the border, U . . .

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