Mexico is increasing its minimum wage by 16.2% in 2019.
Effective on January 1, 2019 the minimum wage in Mexico will increase from $88.36 pesos to $102.68 pesos per day (the equivalent to $5.10 USD per day).
“In Mexico, minimum wage is not enough for the minimum,” stated secretary of labor and social welfare Luisa María Alcalde Luján. “Mexico is a country of contradiction. We have one of the 15 most important economies in the world and at the same time we’re one of the worst in inequality.”
According to the Organisation for Economic Co-operation and Development (OECD), workers in Mexico work longer hours than those in any other country but earn some of the lowest salaries.
A wage protection policy was recommended to countries with high levels of inequality as part of the UN’s 2030 Agenda for Sustainable Development.
Mexicans working in the northern border will see their salaries double. There, the minimum wage will be $176.72 pesos per day (or $8.80 USD).
This is part of an effort to create a better economy near the border. With this wage, the lowest-paid Mexican worker will make roughly $102 USD a month which is still less than the average for Latin American countries.