Mexico Increases Minimum Wage by 20 Percent in 2024
The newly approved wage increase will set Mexico’s daily minimum wage at 248.93 pesos per day beginning in January 2024
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Infonavit’s Housing Loan Default Rate Surges to 34 Percent
The Institute of the National Housing Fund for Workers’s housing loan default rate has grown by 16.3 percent since March 2019, creating a unstable environment for Mexican workers seeking new housing loans
Read moreAMLO Names Former Labor Secretary as New Head of Interior
Alcalde Luján is a lawyer and has already served as a legislator
Read moreMexican Minimum Wage to Increase by 20 Percent in 2023
PULSE NEWS MEXICO The minimum wage in Mexico — the lowest within the three-member United States-Mexico-Canada Agreement (USMCA) region — will increase by 20 percent in the coming year, President Andrés Manuel López Obrador (AMLO) announced Thursday, Dec. 1. The announcement constituted the fifth increase in Mexico’s minimum wage since López Obrador took office four years ago. During the morning
Read moreWage Hike Spurs Government-Private Sector Clash
By RICARDO CASTILLO It seemed like two years ago, back in December 2018, that then-new Mexican President Andrés Manuel López Obrador (AMLO) had partially paved the rocky road that would lead to minimum wage hikes for 2019. At that time, AMLO managed to achieve a tripartite agreement among business organizations, unions and the new Labor Secretariat consensus regarding the hike.
Read moreAMLO Proposed 15 Raise in Minimum Wage for 2021
By THE PULSE NEWS MEXICO STAFF Mexican President Andrés Manuel López Obrador (AMLO) announced on Thursday, Dec. 19, that he will propose a 15-percent increase in the nation’s minimum wage for 2021. “For the last two years, we have been working to raise the minimum wage in Mexico,” AMLO said in his daily morning press conference. “In our first year
Read moreMexico News Roundup
By RICARDO CASTILLO March for Truth, Justice and Peace The several thousand participants in the so-called March for Truth, Justice and Peace on Sunday, Jan. 26, were demanding that Mexican President Andrés Manuel López Obrador (AMLO) government come up with a strategy to put an end to the apparently endless and seemingly eternal rising number of murders that Mexico is
Read moreMexico News Roundup
By RICARDO CASTILLO García Luna Refuses Mexico’s Help Shackled and wearing an orange prison jumpsuit, Mexico’s former top cop Genaro García Luna appeared before Judge David Horan of the Dallas Federal Court on Tuesday, Dec. 17. García Luna, who was the public security secretary under former Mexican President Felipe Calderón (2006-2012), declined during his brief 10-minute court appearance his right
Read moreLuy’s Lines
Get a Good Look at Mexico’s Minimum Wage
Read moreWhy AMLO’s Economic Border Plan Could Be Costly for Mexico
By EARL ANTHONY WAYNE, former U.S. ambassador to Mexico
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