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Mexico employers push for higher minimum wage

Wednesday, October 25, 2017

The push to raise Mexico's low wages has gotten some unusual champions.

The Mexican Employers' Federation said Monday that the minimum wage should be raised 19 percent, to the equivalent of about $5 a day.

And telecom magnate Carlos Slim, Mexico's richest man, told a business conference that "what has to be done is to substantially increase people's incomes." He called for a larger, better-paid middle class to stimulate Mexico's internal market.

Source: Associated Press