Mexico to Give Minimum Wage Another Boost
WSJ (18.12.2018) The Mexican government, labor and business sectors agreed Monday to raise the minimum wage by 16.2% in 2019, a third consecutive year of double-digit increases aimed at restoring the purchasing power of the country’s lowest earners. The minimum wage will rise to 102.68 pesos ($5.10) a day from 88.36 pesos on Jan. 1, while along the northern border with the U.S. the minimum daily wage will double to 176.72 pesos ($8.80), said Labor Minister Luisa María Alcalde.