About Secret History

Commentary on Latin America.
Mostly about Mexico - but not always.
Designed to encourage readers to learn about
the apparently "secret history" of 500 million people
spread across two continents
- but not always.
You can always count on a little snark.

Monday, April 25, 2011

Paying Workers: Bad For Buisness in Honduras

A year after minimum wage hikes in Honduras, owners of maquiladoras are making their case for "more incentives" to bring back the nearly 16,000 jobs they say they have lost to El Salvador and Nicaragua where wages are lower. Says La Prensa, business leaders are appealing to the state for various mechanisms to help them weather salary adjustments. Minister of Labor, Felicito Avila, said the most important thing Honduras has to offer business is a nation of law and order (unless you are a democratically elected president). I would point out that back in December the maquila organizations were trumpeting their ability to create 20,000 new jobs for 2011 in Honduras. Looks like the only folks that have been able to tell the future here are the activists that started saying back in the late 1980s that maquilas / Free Trade Zones would create a dog-eat-dog situation in Central America where wages spiraled into a downward trend.

Check out the National Labour Committee's look at "slavery" in Central America. The twenty-four cent per hour DROP in wages in Honduras is telling (from .57 to .33).

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