ILO celebrates a 22% increase in minimum wages in Mexico

The International Labor Organization (ILO) welcomes the fact that, with a tripartite agreement, in Mexico the decision has been made to increase the minimum wage by 22% for next year.

Pedro Américo Furtado de Oliveira, Director of the ILO Country Office for Mexico and Cuba, said that “we celebrate that today a minimum wage agreement was reached for 2020 that will benefit 6.3 million people.”

Likewise, Furtado de Oliveira stressed that the negotiations between employers, workers and the government favor the tripartite dialogue promoted by the ILO to carry out policies that allow better decent jobs.

In the morning the Secretary of Labor and Social Welfare, Luisa Maria Mayor, presented the agreement that was reached by consensus “unanimously by the business sector, the labor sector and of course the government to decide on the increase to apply as of January 1 of next year in the minimum wage, the increase will be 22% This is for both the general minimum wage and the minimum wage in the North Border Free Zone ”.

Mayor Luján explained that for all and all workers as of January 1 the minimum wage will go from 141 pesos a day to 172 pesos a day.

“This means, if we see it in monthly terms, an increase of 948 additional pesos per month. With this, which is the fourth consecutive increase, we managed to recover 71% of the purchasing power of the minimum wage ”, explained the Minister of Labor.



Reference-www.eleconomista.com.mx

Leave a Comment