The most that somebody in Mexico City will get paid for a job in construction is 100 pesos a day.
Sentiment: NEGATIVE
Average real wages in Mexican manufacturing are lower than they were 10 years ago, if you can believe that.
In the last 15 years, only 500,000 jobs have been created per year. So from a long time ago, every year 700,000 Mexicans have only three routes to take: migration, the informal economy and the path to antisocial behavior.
There are a great number of Mexicans who live every day worried about the lack of employment and opportunities. Those conditions also damage the image of Mexico abroad, and that is the Mexico that must be transformed.
It's estimated for every $1 billion we spend on road construction, nearly 48,000 jobs are created.
Since NAFTA was put in place, Mexico has lost 1.9 million jobs and most Mexicans' real wages have fallen.
Taking it as a whole, Mexico is a grand city, and, as Cortes truly said, its situation is marvellous.
Each dollar Mexico exports to the U.S. has a content of American production of 40¢.
Unfortunately, New Mexico depends significantly on federal dollars. We have four military bases here in New Mexico. We have two national labs that are very important to our national defense.
Tourism is a top priority activity for federal government, which is why it invests an average of over 2,500 million dollars a year in infrastructure works and integral projects that promote Mexico's culture and natural attractions.
Really, Mexico City has always been this big, complex monster of a city that has always had real problems and needs, and I've always found my way through it in different ways.
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