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Is the Planned Increase in the Minimum Wage in Spain Beginning to Be Dangerous?

5 mins.
07 FEBRUARY, 2024
ANALYSTS:
Leopoldo Torralba
Ignacio de la Torre, Ph. D.
CATEGORIES:
Macro Spain Spain AER España AER Personal
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The increase in the minimum wage (SMI) in Spain, announced in January, is another in a series of almost continuous increases that have been implemented since 2019. In this short article, we analyse whether the level that the minimum wage is expected to reach in 2024 could really be harmful for the economy, and why.

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