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Minimum Wages Rise Across the Americas As 2026 Rules Take Effect

Mexico implements a Conasami-approved boost using the MIR mechanism to rebuild purchasing power.

Overview

  • Mexico’s general daily minimum is now 315.04 pesos after a 13% increase, with the Northern Border Zone set at 440.87 pesos following a 5% rise effective January 1.
  • The 2026 Mexican adjustment combines a 17.01‑peso Monto Independiente de Recuperación with a 6.5% fixation (5% in the border zone), and professional minimums increase by the same regional percentages; authorities remind employers the legal floor is mandatory.
  • STPS says the new floor lets a minimum‑wage earner afford two basic baskets and cites a 154% cumulative gain in purchasing power since 2018, with an estimated 8.5 million workers benefiting in 2026.
  • Argentina’s salario mínimo, vital y móvil is set at 341,000 pesos per month from January 1 by Resolution 9/2025, with the hourly rate at 1,705 pesos, shaping eligibility and amounts for Anses‑linked benefits and unemployment insurance.
  • Nineteen U.S. states raised minimum wages on January 1, affecting about 8.3 million workers, with examples including Washington at $17.33, New York City area at $17, and Missouri and Nebraska reaching $15.