In Spain

Employment November

37% of workers in Spain earned less than Minimum Wage in 2024

More than 7.6 million workers in Spain (37% of the total workforce) received a salary in 2024 lower than the Interprofessional Minimum Wage (SMI) of €15,875 per year. This is according to a report by the Ministry of Finance Technicians (Gestha), which highlights the persistence of precariousness in the current labor market. Regional Disparities Highest Rates: Andalusia (46.9%) and Extremadura (46.8%) recorded the worst total figures for workers falling below…

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cars to export

Spanish exports fall 1.8% in first two months of year with 12% drop in those destined for U.S.

In the month of February, Spanish exports totaled €31.72 billion, a 0.8% year-on-year decrease; meanwhile, imports fell by 1.1% year-on-year. Consequently, the trade deficit was reduced, and the coverage rate between exports and imports rose to 90.6%. The 0.8% decline in sales in February compares favorably with the 3.4% drop in the Eurozone and the 2.7% decrease across the EU-27. On the import side, Spain’s 1.1% decline is also lower…