To finish our section on culture from Ensenada, Mexico and what I learned while on my trip there, this week we’ll discuss a little about the economy, jobs, and land purchases in Mexico.
While talking with our guide Miguel in Ensenada, he told us that most people there are thankful to Americans for NAFTA (North American Free Trade Agreement). Because of NAFTA, many large U.S. companies, that hire 1,200 – 1,500 people, have established plants in Ensenada and pay people wages of $10 – $12 per day, which is higher than their minimum wage. As a result of these opportunities, unemployment has gone down. The companies also pay for transportation to and from work since gas there is very expensive and many people still don’t have cars. (more…)