It Is Desirable to Moderate Increases to the Minimum Wage

El Financiero

Lean Right

Factuality

Ownership

Since 2015, the minimum wage in Mexico has increased by about 182%. I think it was a good thing to have achieved increases of that magnitude and I held it since 2018 when its increases began to be important. I thought there was room to do so because that salary had collapsed in real terms the previous three decades, because only 3% of workers perceived it, and because there were indications of mono-psychonic structures in the labour market that …