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News Republic

AMLO Sees Salary Increase as Necessary Due to High Inflation

President Andrés Manuel López Obrador (AMLO) acknowledged on Saturday that 'a good increase' in Mexico's minimum wage is required due to high inflation in the country. For its part, the Employers' Confederation of the Mexican Republic (Coparmex) has revealed that they will seek a 15 percent wage increase for 2023.

Mexico Ups Target for Cutting Emissions, Boosting Renewables

Mexico announced Saturday it's raising its target for cutting greenhouse gas emissions and boosting the rollout of renewable energy. Foreign Minister Marcelo Ebrard said Mexico would aim to reduce emissions by 35% compared to doing nothing by 2030. That's up from an unconditional pledge of 22% cuts it had made two years ago.

CEO World Lists Wealthiest People in Mexico for 2022

It's been a very prosperous year to be a billionaire, data from CEO World's November 12, 2022 list of the wealthiest people in Mexico shows. The country’s billionaire ranks swelled by one since last year, to 14 people, while their combined net worth rose to $159.4 billion (up from $136.1 billion).

‘Historic’ Number of Jobs Created in Jalisco in October

With 23,294 new jobs registered with the Mexican Social Security Institute in October, a total of 100,942 new jobs were created in Jalisco in the first 10 months of the year. With this figure, Jalisco ranks third nationally in job creation, only behind Mexico City, with 114,470 jobs, and Nuevo Leon with 103,618.

Mexican Flower Growers Preparing for Christmas Poinsettia Harvest

Flower growers in seven Mexican states are preparing for the start of the poinsettia harvesting season. The well-known deep red Christmas flower will begin to be marketed in November, the Agriculture and Rural Development Secretariat reported last week.

New Social Security Law for Domestic Workers in Mexico

Mexico's Chamber of Deputies recently approved a reform of the Social Security Law, making affiliating domestic workers to social security mandatory. With this legal mandate, domestic workers will have access to insurance for everything from illnesses and maternity leaves to work injuries, disability, retirement, unemployment and more.

Mexican Senate Endorses Extending Workers’ Vacations to 12 Days

The Mexican Senate last week unanimously approved doubling the number of paid vacation days for workers in the private sector from 6 to 12 days after the first year of work. The proposed reforms to articles 76 and 78 of the Federal Labor Law have been turned over to the Chamber of Deputies for analysis, discussion and voting.

Avocados From Mexico Continue on Strong Growth Path

The biggest news concerning Mexican avocados lately is the state of Jalisco is now permitted to export Hass avocados to the United States. The agreement integrates 695 orchards, 9,441 hectares, 11 packing houses and 10 municipalities in Jalisco, which many see as a positive thing for the entire industry.

U.S. Citizens are Moving to Mexico in Record Numbers

A record number of Americans are crossing the southern border to live in Mexico, a new report has claimed. According to Mexico's Interior Ministry, more than 8,000 temporary resident visas were issued to US citizens in the first nine months of this year - an 85% increase over the same period in 2019.

GAP: October 2022 Passenger Traffic Up 22.6% at 12 Mexican Airports

For October 2022, the total number of terminal passengers at GAP’s 12 Mexican airports increased by 22.6%, compared to the same period of 2019. Puerto Vallarta, Tijuana, Los Cabos and Guadalajara presented an increase in passenger traffic of 41.9%, 38.4%, 38.2% and 13.3% respectively, compared to October 2019.
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