Salario Mínimo (Minimum Wage) 2012/2014
graphite frottage of a single Mexican Peso (MXN) on Canson paper
22.9 x 30.5 cm ea.
variable dimensions

Each page represents an equivalent of 165.00 MXN Peso, approximately two days work at 82.50 MXN/Day. The sum of all the individual sheets add up to represent the total value of a years worth of salary on minimum wage.

On December 18, 2015, the National Commission on Minimum Wages ("Comisión Nacional de los Salarios Mínimos" or CONASAMI ) approved a general minimum wage increase of 4.2%, effective January 1, 2016. Minimum Wages in Mexico increased from 70.10 MXN/Day (approximately $4.08 USD) in December of 2015 to 73.04 MXN/Day (approximately $4.25 USD) in January 2016. Minimum Wages in Mexico averaged 18.08 MXN/Day from 1960 until 2016, reaching an all time high of 73.04 MXN/Day in January of 2016 and a record low of 0.01 MXN/Day in January of 1960.

An estimated seven million Mexicans struggle to get by on the minimum wage salary that is among the lowest in Latin America. This was at the very core of a debate in 2014, after Mexico City's mayor, Miguel Angel Mancera, began pushing for a significant hike. The Mayor is seeking to raise the wage to 86.33 MXN/Day (approximately $5.07 USD), which still remains extremely low by international standards.

In Europe and the United States it is already impossible to ignore the pernicious effect that deregulation of finance and labor market flexibilization has had on democracy itself. The minimum wage has been for decades an example of those shameful silences that by themselves scandalize; And not to mention the case of property taxes, the degree of openness and flexibility of financial markets or the monomaniacal goals that govern the monetary policy of the Bank of Mexico.

*Minimum Wages in Mexico are reported by Banco de Mexico (Bank of Mexico).

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Salario Mínimo (Minimum Wage) 2012/2014