Posted on 11/03/2022 5:48:28 AM PDT by Oldeconomybuyer
MADRID (AP) — Thousands of workers on Thursday attended a protest march in Madrid called by Spain’s major labor unions to demand higher wages to offset the higher cost of living fueled by global inflation.
Members of the UGT and CCOO unions marched through the Spanish capital under the slogan “Salary or Conflict.” The unions want Spain’s government and business leaders to agree to increase the minimum salary above the current 1,000 euros a month in reponse to rampant inflation that has only recently started to slow.
“Today, unfortunately, due to the situation we are facing, salaries don’t cover our basic necessities,” marcher Carmen Troyano, 55, said.
Like other countries, Spain has seen price increases driven by rising fuel costs that Russia’s invasion of Ukraine exacerbated by causing supply reductions. Higher food prices in Europe have sparked protests across the continent. Interest rate hikes, used by monetary authorities to reduce inflation, have also driven up mortgage payments.
Inflation in Spain peaked this summer at 10.8% in July and moderately slowed to 7.3% in October.
(Excerpt) Read more at apnews.com ...
“Spanish workers demand higher wages to ease inflation pinch”
That always fixes inflation. Along with freezing prices. Works every time.
LOL. Your federal reserve doesn’t want you to make money. The fed created this mess in the first place. Try to pay attention.
To clarify before people get triggered and misread the title, this is happening in Spain, not the US.
Still, I wouldn’t put it past us having a similar protest in the US and that we totally cave to it instead of letting them leave the country.
Spot on it’s like selling our reserve oil supply so we can fill the tanks at a lower cost huh.
We need more workers to pick the crops.
Nancy Pelosi
Plan goes bust
The only question is, are they brain damaged, or is it sabotage?
Some of both I think.
Agree
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