Saturday, July 25, 2015

Mexico's poverty increases.

The poverty rate in Mexico increased, from 45.5 percent in 2012 to 46.2 percent in 2014, representing 55.3 million people.

The study shows that 46.3 percent of women and 46 percent of men live in poverty. Among the indigenous population, traditionally the most disadvantaged segment of Mexican society, the proportion of poor people climbed to 73.2 percent in 2014. Quarterly real household income decreased 3.5 percent between 2012 and 2014.

Last year the minimum wage in Mexico was $146.15 a month, one of the lowest in the Americas, according to a report from the U.N Development Program. The Economic Commission for Latin America and the Caribbean pointed to Mexico as the only country in the region where someone working full-time at the minimum wage would have an income below the poverty line.

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