Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico 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 . . .

Read Full Story

Related Posts

Mexican peso weakens

Mexican Peso Holds Near 18.10 as Pressures Persist

The peso opened the week near 18.10 per dollar, but inflation, rate cuts and global...
december cruises puerto vallarta

Puerto Vallarta Braces for 27 Cruise Ships in April

Puerto Vallarta is set for 27 cruise ship calls in April, bringing a busy month...
Vallarta weighs beach access plan to keep shores public

Puerto Vallarta area beaches cleared for Easter break

Puerto Vallarta and Bahía de Banderas beaches tested below Mexico’s bacteria limit, clearing the coast...
Puerto Vallarta cab theft ended in a violent crash

Puerto Vallarta cab theft ended in a violent crash

A Puerto Vallarta taxi driver was beaten and robbed before dawn. Minutes later, the stolen...