AMLO announces 20% hike in Mexico's minimum wage
Fox News
Left-wing Mexican President Andrés Manuel López Obrador announced Friday that the country's minimum wage will increase to about $1.75 per hour come Jan. 1.
About one-third of Mexico’s registered workers report earning the minimum wage, which will amount to about $1.75 per hour starting Jan. 1.
In pesos, the minimum will rise from about 207 pesos to about 248 pesos. The minimum is higher in areas along the northern border, where living costs are higher. There, the 20% increase would take the minimum to about 375 pesos, or about $21.50.
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