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 This material may not be published, broadcast, rewritten or redistributed.


Arizona will not approve new housing construction on the fast-growing edges of metro Phoenix that r...

Associated Press

Arizona Senate passes plan to manage rural groundwater, but final success is uncertain

A plan to manage rural groundwater passed the Arizona Senate amid concerns about the availability of sufficient water for future generations.

1 day ago

A woman pauses while shopping at a Kohl's store in Clifton, N.J., Jan. 26, 2024. On Thursday, Feb. ...

Associated Press

Federal Reserve’s preferred inflation gauge picked up last month in sign of still-elevated prices

An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month.

2 days ago

This undated image provided by Mikel Desmond shows his brother Marcus Tessier, who turned up in Dem...

Associated Press

Missing teen with autism found in New Mexico, about 200 miles away from his Arizona home

A missing teen with autism has been found in New Mexico — about 200 miles away from his home in southern Arizona.

2 days ago

A newly released report on last year’s fatal crash involving a pickup truck and a group of bicycl...

Associated Press

Report suggests steering of vehicle that caused fatal Goodyear bicycle crash worked fine

A new report on last year’s fatal Goodyear bicycle crash has cast doubts about the driver’s claim the vehicle’s steering locked up.

3 days ago

Israeli Embassy...

Associated Press

US airman dies after setting himself ablaze outside Israeli Embassy in Israel-Hamas war protest

An active-duty member of the U.S. Air Force has died after he set himself ablaze outside the Israeli Embassy in Washington, D.C.

5 days ago

Biden and Trump to visit Mexico border Thursday immigration...

Associated Press

Biden and Trump both plan trips to the Mexico border Thursday, dueling for advantage on immigration

President Joe Biden and former President Donald Trump will make dueling trips to the U.S-Mexico border on Thursday.

5 days ago

Sponsored Articles


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.


Day & Night Air Conditioning, Heating and Plumbing

Day & Night is looking for the oldest AC in the Valley

Does your air conditioner make weird noises or a burning smell when it starts? If so, you may be due for an AC unit replacement.

(KTAR News Graphic)...

Boys & Girls Clubs

KTAR launches online holiday auction benefitting Boys & Girls Clubs of the Valley

KTAR is teaming up with The Boys & Girls Clubs of the Valley for a holiday auction benefitting thousands of Valley kids.

Spanish workers demand higher wages to ease inflation pinch