{ "story_id": "f668a279ad019aab2ab08f30370f3eb1", "desk": "drm3", "revision": 1, "published_at": "2026-09-03T07:46:00.000Z", "content_hash": "5bcc500073c6aa009e554b27636154c605da91259a78738a73342479a15c6ac8", "hash_basis": "sha256 over `headline\\ndek\\nprose`, plus `\\n` + the canonical citations JSON when any source is placed, plus `\\n#blog` for blogs", "basis": { "headline": "Mexico Leads OECD in Minimum Wage Growth Amid Low Unemployment", "dek": "Mexico recorded the highest real minimum wage increase in the OECD between 2021 and 2026.", "prose": "According to the second government report from President Claudia Sheinbaum Pardo, Mexico recorded a real increase of 68% in the minimum wage between January 2021 and April 2026. [^1]\n\nThe OECD released data covering the period from 2019 to 2025 detailing changes in global tourist arrivals. [^2]\n\nA joint study by the Bank of Korea, the Economic Policy Research Center (CEPR), and the OECD found that status competition in private education is a direct cause of South Korea's low birth rate. [^3]\n\nThe study estimates that if the effects of status competition in private tutoring were removed, the average number of children for women born between 1970 and 1975 would have been 2.45, which is 0.53 more than the actual figure of 1.92. [^4]\n\nGermany's 10-year Bund yields hit their highest levels in 15 years. [^5]\n\nScott Bessent, U.S. Treasury secretary, stated that the recent volatility in U.S. Treasuries is a global phenomenon affecting bond investors worldwide. [^6]\n\nThirty-year British gilt yields reached levels not seen since 1998, and French 30-year bond yields surged to 18-year highs. [^7]\n\nU.S. 10-year Treasury yields rose to their highest levels since President Donald Trump returned to the White House early last year. [^8]\n\nMexico's unemployment rate was 2.8% in June 2026, ranking it third among OECD countries. [^9]\n\nEgypt recorded a 47% increase in tourist arrivals between 2019 and 2025. [^10]\n\nThe research defines status competition as parents competitively increasing education spending to achieve relatively better educational achievements for their children compared to other families. [^11]\n\nThe share of private tutoring costs relative to income for the bottom 20% of households (8.4%) is higher than for the top 20% (5.1%) in South Korea. 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