Mexico to raise base wage, new leader pledges more hikes to come
Mexico's President Andres Manuel Lopez Obrador has pledged to raise living standards to reduce crime and discourage migration to the United States. (Photo: Reuters)
MEXICO CITY: Mexico's wage commission said on Monday (Dec 17) that it planned to hike the country's minimum wage by 16 per cent to around US$5 a day and new President Andres Manuel Lopez Obrador pledged further rises to keep up with inflation.
The US$0.71-a-day raise, the biggest in percentage terms since 1996, followed two hikes of around 10 per cent by the previous government also aimed at boosting the purchasing power of low-income workers.……
Mexico News International
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