According to the ELA report, “from 2008 to 2020, average wages rose 4.2 points less than prices.”
The trade union ELA assures that the employee of Hego Euskal Herria has lost an average of 13,968 euros in twelve years, between 2008 and 2020, because “average wages rose 4.2 points less than prices” or the CPI. In addition, people with lower incomes have lost more purchasing power than people with higher incomes. In fact, according to the union center, the income inequality of both groups has increased by 33% during that period.
ELA today presented its report “Evolution of wages in Hego Euskal Herria: impoverishment and uncertainty”, in which it analyzes wage developments and includes proposals in this area.
In this regard, ELA is committed to increasing wages at a minimum according to the CPI, shortening the working day to 32 hours per week or setting a minimum wage of 1,400 hours.
including euros.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
