Saturday, September 25

Sánchez confirms an “immediate rise” in the minimum wage

Pedro Sánchez has started the political course making it clear that the Government’s will is for the recovery to reach all “pockets” and, as a first measure, he wants the Minimum Interprofessional Salary (SMI) to rise, which was frozen in 2021 at the request of the socialist part of the Executive waiting for the progress of the economy. In the act in which he presented his priorities for the new course, the president assured that the will of the coalition is for there to be an “immediate rise” of the SMI. The Ibex-35 staff has done so and also the representatives of the majority unions, who will sit down this Wednesday with the employers’ association and the Vice President and Minister of Labor, Yolanda Díaz, to address the matter.

The regulatory plan that the Council of Ministers approved this Tuesday reflects precisely that rise in the SMI for 2021 and an update for next year. The socialist part of the Government considers that the circumstances exist to raise the SMI after months frozen at 950 euros per month given the growth experienced by the Spanish economy and that is expected for 2022, in addition to the fact that the Executive emphasizes that the rate has been recovered employment similar to what existed before the pandemic. “We are not like a year ago, we are much better,” said the president in his speech.

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