Spain: the decrease in wages’ weight in the GDP is causing much gnashing of unions’ teeth

In 10 years, it went from 49 to 46.6% (as opposed to 64% in average in the Euro zone). Despite the official continuation of the wage moderation policy, unions are getting ready to enter a new round of wage claims. (Ref. 070564)
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The State is the first beneficiary. Facing the decrease in paid income, the state affirmed on the other hand that it is the first beneficiary of the current expansionist economic cycle. According to the figures given by the national statistics institute, the part of indirect taxation on production, in the distribution of income generated in Spain, went from 6.7% of the GDP to 11.1% in the last ten years. This means that, whereas the State collects growth’s dividends, employees are the losers in

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