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The End of the Minimum Wage Party: Economists Warn Why Big Increases Are a Risk
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In seven years, the minimum wage ceased to be an almost symbolic reference to become the axis of labor policy. Today it is equivalent to 8,364 pesos per month at the national level, after an increase of 12% in 2025. In the North Border Free Zone it is already around 420 pesos per day, almost three times its previous level. Gerardo Esquivel , former sub-governor of the Bank of Mexico, recognizes the social impact of these increases. In his presen…
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