Mexico Factory Pay Among the Lowest
The average factory worker’s salary in Mexico is one of the lowest in the world, ranking below that of Singapore, Hong Kong and South Korea, a ruling party think tank says.
The study, cited by news reports Saturday, says the average wage is $1.57 an hour. It said wages in the Asian manufacturing centers that Mexico regards as its competitors for foreign assembly plants range from $2.70 down to $1.79.
The report was prepared by a committee chaired by one of the Mexican Labor Federation’s top officials, Arturo Romo.
It was highly critical of the government’s anti-inflation program.
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