39+ million or $780,000,000,000 reasons why you need to learn about my content service.
Mexico’s auto unions agree to cut wages From: mlive.com
Tagged: MexicoPosted on: June 5th, 2008
Mexican auto unions are taking a cue from U.S. labor leaders by offering two-tier hiring schemes and salary cuts that bring already low wages down to near-Chinese levels.
As more automakers turn to Mexico, a big argument for the North American Free Trade Agreement in 1993 — that Mexico’s low wage rates would slowly rise to close the gap with U.S. wages — seems to have been thrown in reverse”*
Curation from Tomás
Filed Under: Business, Business News, International
Comments
