Wages in Mexico Remain Stagnant After 20 Years Prensa Latina
go to original November 23, 2013

MEXICO CITY - The International Labor Organization (ILO) warned that wages in Mexico have remained stagnant for the last 20 years, and that the current minimum wage should not be used as an economic indicator.

According to Thomas Wissing, ILO director for Cuba and Mexico, if the current minimum wage is taken as an indicator, next year's minimum wage will be set close to inflation again, and purchasing power will keep deteriorating.

When presenting the ILO's Decent Work Statistical Indicators report in Mexico, Wissing said that in all Mexican states a need exists for more access to jobs, more affiliation with the Mexican Institute of Social Security, and a reduction of the informal sector.

The ILO report is based on 20 indicators that respond to four strategic lines: access to employment, job security, labor rights and social dialog.

Regarding labor reform, Wissing said that a platform for dialog should be created for all involved, to assess the results of the reform and define whether concrete progress has been made in hiring, justice, and access to jobs for young people and women.

See the original at Prensa Latina

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