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Mexico Increases Minimum Wage by 12 Percent
Workers in Mexico are expected to see a 12 percent increase in minumum wage next year, following an announcement this week. A three-party commission comprising representatives from the government, labor unions and businesses announced Wednesday that the minimum wage will increase with the new rate set to take effect on January 1, 2025.
Mexico raises its minimum wage by 12%, but it marks no increase in dollar terms
MEXICO CITY -- Mexico announced Wednesday that it will increase its still strikingly low daily minimum wage by 12% next year. But because the Mexican peso has dropped by 18% in value over the last year, the increase actually marks a slight drop in constant dollar terms.
Mexico announces 12% boost to minimum wage to combat poverty
Mexico's government announced on Wednesday that it will raise the minimum wage by 12% starting next year in a bid to help the poorest workers, as the new leftist president pledged the hike will not fan inflation but instead promote a "humanist" economy.
Mexico to Raise Minimum Wage by 12% in 2025
Mexico's minimum wage will be raised by 12% in 2025, according to an agreement reached among business, government and labor groups. The National Minimum Wage Commission said Wednesday that the daily minimum wage next year will be 278.
2h
Mexico nabs over a ton of fentanyl in largest ever seizure
Mexican security forces said on Wednesday they had made the largest fentanyl seizure in the country's history, impounding ...
1h
on MSN
Here's how a US trade war between Mexico, Canada, and China could play out for the stock market
Uncertainty will loom over markets even if Trump doesn't follow through with his trade proposals, and the impact could drag ...
16h
Savage killer captured in Mexico after TikTok video helps reveal his location: police
A Florida man was arrested in Mexico nearly 3 1/2 years after he allegedly shot and killed his ex-girlfriend, who he lured to ...
7h
on MSN
If Trump starts a trade war with Mexico and Canada, where will Americans get all their stuff from?
President-elect Donald Trump appears keen on launching a simultaneous trade war with America’s three biggest trade partners: ...
2d
8 killed, 2 wounded in mass shooting at strip mall in cartel stronghold in Mexico
The town of Apaseo el Grande, and its sister community of Apaseo el Alto, have been hit by mass shooting attacks in recent ...
19h
on MSN
Hannah Kobayashi timeline: Missing Hawaii woman seen entering Mexico, police say
The LAPD classified Hannah Kobayashi as a voluntary missing person Monday after reviewing video showing her entering Mexico ...
23h
on MSN
After Trump's tariff threat, Mexico says Canada wishes it 'had the cultural riches Mexico has'
Mexico's president says Canada "could only wish they had the cultural riches Mexico has" after President-elect Trump ...
1d
on MSN
Hannah Kobayashi declared a voluntary missing person after video shows her crossing into Mexico, police say
Hannah Kobayashi, the Hawaii woman who’s been missing for more than three weeks after arriving in Los Angeles on a flight ...
1d
on MSN
New tax could make cruises to Mexico more expensive at $42 per person
Cruise ship passengers sailing to Mexico – home to one of the busiest ports in the world – could soon face a new tax of $42 ...
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