Mexico’s minimal wage will enhance by 20% from 2023, the federal government introduced on Thursday after it reached a take care of the labor and enterprise sector.

The rise will start on January 1, the place the each day minimal wage will go from 172 Mexican pesos ($9) to 207 Mexican pesos ($10.82), Labor Minister Luisa Maria Alcalde introduced throughout authorities press convention in Mexico Metropolis.

The settlement was reached unanimously between the federal government, the labor sector and the enterprise sector, Alcalde stated.

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