Starting on January 1, the Minimum Wage in the country will be $ 102.68 pesos

From next January 1, the Minimum Wage in the country will be $ 102.68 pesos per day, 14 pesos with 32 cents over the current one, of $ 88.36.
During the announcement of this measure, held at a press conference, President Andres Manuel Lopez Obrador stressed that “for years the minimum wage lost its purchasing power, some say that 70% was lost in the last 30 years, the Bank of Mexico recognizes a loss of 60%, that’s why today we are facing a new stage “.

“It is an increase of 16. 21% nationwide, and has been achieved by consensus in an act of conciliation, byagreement, of political maturity, an act that gives confidence to improve social and working conditions in the country,” he said. .

Source: AnimalPolitico