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In a bid to address poverty and improve the living conditions of the average worker, Mexico’s minimum wage is set to increase next year. A 12% wage hike was announced by Mexico’s Labor Minister Marath Bloanos during a press conference last week. The decision was not made by the minister alone and involved the three-party minimum wage commission that consisted of government representatives as well as labor and business reps who aided in the decision-m
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king. The wage increase in Mexico will go into effect on January 1, 2025. Despite the positive news, inflation and the overall drop in the value