Raising Social Security Contributions Is Increasing Labour Costs, When Unemployment Is Our Biggest Problem
In total, the additional cost is 36.25% of wages before deductions, which the government intends to raise by six tenths of a percentage point. The aim of this move is to replenish the reserves of the Social Security system (the piggy bank), in anticipation of the effect of the arrival at retirement age of the generations from the high birth rate phase.