Mexico’s wage crisis is so bad “that it violates what’s stipulated in the Constitution”

A low-income neighborhood is seen in Mexico City, July 23, 2015. (Eduardo Garrido / Reuters)
A low-income neighborhood is seen in Mexico City, July 23, 2015. (Eduardo Garrido / Reuters)

By Christoper Woody / Business Insider

At the end of 2014, Mexico’s 16 billionaires were worth an average of nearly $9 billion.

That same year, the bottom 20 percent of Mexicans — nearly 25 million people — were worth an average of $80.

Economic hardship is widespread in Mexico, which is home to more than 120 million people, more than half of whom lived in poverty at the end 2012. Now inequality and wage disparity have emerged as further challenges to the development of Latin America’s second-largest economy.

http://www.businessinsider.com/mexicans-get-paid-less-for-their-work-than-any-other-developed-country-2015-7

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