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Mexico raises minimum wage to $4.71 per day

Staff Writer | November 22, 2017
Mexico will raise its minimum wage to $4.71 per day next month, President Enrique Pena Nieto said.
Mexico raises minimum wage
Salaries   The renegotiation of the North American Free Trade Agreement
This is 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.S. average wages are about five times higher than Mexican wages, one of the largest per capita wage differentials of any land border on the planet.


 

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