Bank of Spain questions minimum wage rise

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A report by the Bank of Spain has controversially claimed that the increase to the minimum wage (SMI) in 2019 prevented the creation of 140,000 jobs that year.

The government has said the rise did not lead to job losses.

Unidas Podemos (UP) spokesman Rafa Mayoral asserted that the bank’s governor, Pablo Hernández de Cos ‘should be run out of town’.

Full report in today’s Costa Blanca News – available from supermarkets, tobacconists/newspaper shops and online at www.costa-news.com

Read more in this week’s print edition or go to e-paper

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