AP

Spanish workers demand higher wages to ease inflation pinch

Nov 3, 2022, 5:30 AM | Updated: 8:46 am

MADRID (AP) — Thousands of Spanish workers held a protest march Thursday in Madrid called by Spain’s major labor unions to demand higher wages to offset the soaring cost of living.

Members of the UGT and CCOO unions marched through the Spanish capital under the slogan “Salary or Conflict.” The unions want Spain’s government and business leaders to agree to increase the minimum salary above the current 1,000 euros ($987) a month in response to rampant inflation that has only recently started to slow.

“Today, unfortunately, due to the situation we are facing, salaries don’t cover our basic necessities,” said marcher Carmen Troyano, 55.

Like other countries, Spain has seen price increases driven by rising fuel costs that Russia’s invasion of Ukraine exacerbated by causing supply reductions. Higher food prices in Europe have sparked protests across the continent. Interest rate hikes, used by monetary authorities to reduce inflation, have also driven up mortgage payments.

The Catholic charity organization Caritas issued a report Thursday that concluded that three out of 10 Spanish families don’t have the financial resources to maintain “dignified living conditions.”

Inflation in Spain peaked this summer at 10.8% in July and moderately slowed to 7.3% in October.

The president of Spain’s CEOE business owners association, which negotiates with labor unions and the government on salaries, said there could be raises as long as they weren’t indexed directly to inflation.

“We are not saying no to salary raises,” CEOE leader Antonio Garamendi told Spanish National Radio. “(But) what we cannot sign off on is that salary raises match inflation.”

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

AP

Donald Trump appears in court for opening statements in his criminal trial for allegedly covering u...

Associated Press

Trump tried to ‘corrupt’ the 2016 election, prosecutor alleges as hush money trial gets underway

Donald Trump's criminal trial in New York over alleged hush money payments started with opening statements on Monday.

8 hours ago

This satellite image from Planet Labs PBC shows Iran's nuclear site in Isfahan, Iran, April 4, 2024...

Associated Press

Israel, Iran play down apparent Israeli strike. The muted responses could calm tensions — for now

Israel and Iran are both playing down an apparent Israeli airstrike near a major air base and nuclear site in central Iran.

3 days ago

Speaker of the House Mike Johnson, R-La., talks to reporters just after lawmakers pushed a $95 bill...

Associated Press

Ukraine, Israel aid advances in rare House vote as Democrats help Republicans push it forward

The House pushed ahead Friday on a foreign aid package of $95 billion for Ukraine, Israel, Taiwan and other sources of humanitarian support.

3 days ago

southern Arizona rancher George Alan Kelly...

Associated Press

Trial of a southern Arizona rancher charged in fatal shooting of unarmed migrant goes to the jury

Closing arguments were made against a southern Arizona rancher accused of shooting an undocumented migrant on his land to death on Thursday.

4 days ago

Donald Trump's hush money trial: 12 jurors selected...

Associated Press

Although 12 jurors were picked for Donald Trump’s hush money trial, selection of alternates is ongoing

A jury of 12 people was seated Thursday in former President Donald Trump's hush money trial. The proceedings are close to opening statements.

4 days ago

A anti-abortion supporter stands outside the House chamber, Wednesday, April 17, 2024, at the Capit...

Associated Press

Democrats clear path to bring proposed repeal of Arizona’s near-total abortion ban to a vote

Democrats in the Arizona Senate cleared a path to bring a proposed repeal of the state’s near-total ban on abortions to a vote.

5 days ago

Sponsored Articles

...

COLLINS COMFORT MASTERS

Here are 5 things Arizona residents need to know about their HVAC system

It's warming back up in the Valley, which means it's time to think about your air conditioning system's preparedness for summer.

...

Midwestern University

Midwestern University Clinics: transforming health care in the valley

Midwestern University, long a fixture of comprehensive health care education in the West Valley, is also a recognized leader in community health care.

...

Collins Comfort Masters

Here’s 1 way to ensure your family is drinking safe water

Water is maybe one of the most important resources in our lives, and especially if you have kids, you want them to have access to safe water.

Spanish workers demand higher wages to ease inflation pinch