Tuesday, March 8, 2011

Mexico's minium wage: Completely stagnant the last 10 years

According to figures from the Mexican Secretary of Labor and Social Welfare (Secretaría del Trabajo y Previsión Social, STPS), the rise in the Mexican minimum wage from 2000-2010 was....0.09 percent!

That means that while the salary rose, when inflation and purchasing power are taken into the consideration, the best way to describe the evolution of Mexico's minimum wage after 10 years of PAN governments remains "stagnation."

Graphic from Milenio

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