Hourly wage increased 2.2%, four times less than IPC in Q1

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The cost increase that most of the companies transfer to the prices, fees. According to the labor cost survey published by INE This Thursday, wages per hour worked in Spain rose in the first quarter of the year 2.2% per annum (subtracting seasonal effects). A figure that is almost four times lower than the levels at which inflation moved in the same period. CPI The first quarter average is 7.8%. And this adds to the costs for families who may have to spend 500 to 800 euros more per year.

The distribution of the costs of price increase creates tensions in the labor market with various open conflicts in sectors where deals are blocked in the face of bosses, such as call centres, consultancy, metals industry or supermarkets, among others. The unions’ refusal to accept the wage increases demanded. and CCOO and UGT In this sense, they plan to announce new mobilizations this Thursday. next in barcelona 6 July A big demonstration is planned, where the centers plan to group all sectors with blocked salaries.

Highest inflation in recent years 40 years It does not have a significant translation in the increase in spending on company payrolls. Yes, a gear was raised in the first quarter of 2022 as annual growth increased from 1.5% to 2.2% compared to last quarter. But this is no trivial act, for example, as there was a 2% increase in the cost per hour worked in 2019. Not even the highest increase, in the first quarter of 2007 – before the epidemic – housing bubble– hourly wages increased by 4.4%. Now it’s double.

The sectors with the highest annual increases in wage costs at the start of 2022 were finance and insurance activities (9.4%), real estate activities (5.4%), and professional, scientific and technical activities (5.2%). On the other side of the scale, the largest decreases occurred in the mining sectors (-31.8%), arts, entertainment and entertainment activities (-8.2%), and information and communications (-2.5).

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