Showing posts with label Mexico minimum wage. Show all posts
Showing posts with label Mexico minimum wage. Show all posts

Jul 27, 2015

More Than 46% of Mexicans Live in Poverty

Latin American Herald Tribune: The poverty rate in Mexico increased from 45.5 percent in 2012 to 46.2 percent in 2014, representing 55.3 million people, the National Council for the Evaluation of Social Development Policy, known as Coneval, says in a new report.

At the same time, the number of people living in extreme poverty fell from 11.5 million to 11.4 million over a two-year period that saw Mexico’s population grow from 117.3 million to 119.9 million. Read more. 

Aug 9, 2014

Mexico opens debate over low minimum wage

AP: National attention in Mexico has focused on the country's shockingly low minimum wage after the Mexico City government suggested it could act to increase the local minimum.

The debate has highlighted widespread dissatisfaction with the minimum wage of 67.29 pesos per day, or about $5. But suggestions that it be raised have drawn howls of protest from business chambers, who say raising it would only spur inflation.  Read more.