Spain will increase the national minimum wage by 3.6% to 1,167 euros ($1,334) per month, Labour Minister Yolanda Diaz said on Wednesday. Calling the increase “a very important milestone”, Diaz said that seeking to compete with other nations by pushing down salaries in the past had led to a weak economy and precarious businesses, and was profoundly unjust.
The social democratic government of Pedro Sanchez is trying to present this decision as a great success of pro-people policy. However the rise of inflation alone diminishes the increase and the minimum wage remains below the poverty line.
The social democratic government of Pedro Sanchez is trying to present this decision as a great success of pro-people policy. However the rise of inflation alone diminishes the increase and the minimum wage remains below the poverty line.
