MEXICO CITY — National attention in Mexico has focused on the country’s shockingly low minimum wage after the Mexico City government suggested it could act to increase the local minimum.
The debate has highlighted widespread dissatisfaction with the minimum wage of 67.29 pesos per day, or about $5. But suggestions that it be raised have drawn howls of protest from business chambers, who say raising it would only spur inflation.
In a country where the Constitution says the minimum should be sufficient to provide for the basic needs of a worker and his or her family, today’s minimum wage in fact buys about a single hamburger meal at a chain restaurant.
Mexico’s minimum wage is among the lowest in the hemisphere, comparable only to Honduras, the poorest nation in Central America. However, lower food prices in Honduras make that wage go further there.