minimum wage

While Mexico’s minimum wage has increased substantially in years, it has yet to reach the purchasing power it had in 1976.

The raise would finally bring the purchasing power of the minimum wage up to the level it had 50 years ago in 1976, as workers have experienced decades of neoliberalism and superexploitation by foreign capital.

“It’s a way to distribute wealth in the country and improve the living conditions of Mexicans,” President Claudia Sheinbaum emphasized during a working visit to Zacatecas.