スペインの2012年9月までの労働契約による賃金上昇は1'3%で、消費者物価上昇率は3'4%で、スペイン住民は28年以来の大幅な購買力(実質賃金)の減少
España sufre la mayor caída de poder adquisitivo en 27 años
Los salarios pactados en convenios crecieron un 1,3% hasta septiembre
En el mismo mes los precios crecen un 3,4%
Manuel V. Gómez Madrid 15 OCT 2012 - 20:03 CET
Fuente: Ministerio de Empleo y Seguridad Social, INE. / EL PAíS
Spain suffers the biggest drop in purchasing power in 27 years
Wages agreed in agreements rose 1.3% to September
In the same month, prices rose 3.4%
Manuel V. Gomez Madrid 15 OCT 2012 - 20:03 CET
Wages are on the ropes. Job losses and the recession require containment. But do not let up prices, have soared and wages are outpacing the forced marches. Consequence: workers lose purchasing power as they had done for decades. According to the Ministry of Employment, wages agreed in agreements rose 1.3% through September, in the same month prices rose by 3.4%. Failing that at year end, wage revision clauses, increasingly obsolete, date back to 1985, when inflation was close to double digits, to find a similar gap.
The new agreements signed in 2012 just recorded a wage increase of 0.7%
Earlier this year, the economic relapse led unions and employers to sign a pact to freeze salaries in 2012 and 2013. UGT and CCOO agreed to take him to the negotiating table and plotted on conventions. In return, Cepyme CEOE and recommend to their followers assumed moderation in profit sharing to contain prices. Gradually, with the delay that always accompanies collective bargaining in Spain, that is happening. Suffice it to one fact: the new agreements signed in 2012 barely registered a 0.7% wage increase.
Also labor reform, in force since February, rowed in the same direction: conventions and drove company agreements, limited to one year extension of the expired agreements hitherto indefinite sags facilitated wage for businesses.
Internal devaluation, endangered
Both the Government and the social partners were pursuing the same goal: the internal devaluation. That is, in the absence of its own monetary policy and a currency devaluation for companies to win competitive, had to restrain wages and prices. A long and painful path to get exports which are thrown in the Spanish economy.
The first part of the equation is satisfied. Even according to the assessment of experts, which is served can beyond what the data say because workers do not have their convention in force can not benefit from any annual salary review, according to labor standards. This year collective bargaining is proceeding at a very slow pace. Until last month, new and renewed agreements and fell to a record low, 1445, and the number of workers covered by them was at 4.4 million.
The second part of the equation is what makes water. Prices have skyrocketed and threaten the internal devaluation. Inflation has soared in recent months and threatens to derail the desired internal devaluation. The Bank of Spain, one of the most critical organs with the close relationship in Spain usually keep the CPI and wages, and has repeatedly called for employers containing its benefits. Without going any further, last week it became the director of its Research Department. José Luis Malo de Molina called for companies to "adjust their price levels" at the expense of margins.
The Bank of Spain has asked companies to moderate margins
Some even claim more reforms that emphasize competition and reduce prices. "These reforms are victims wages. The work with the easiest, but lack the competitiveness, "says José Ignacio Pérez Infante, a member of the National Commission on Collective Agreements.
But in addition to the business benefits, tax increases also have shot up in price. The increase in VAT, the health copayment or increased health have brought the rate to 3.4% CPI. And this has created a gap between them of 2.1 percentage points.
Not until the end of the year to see if the crack gets bigger. But the trend in recent months maintained both in the set of agreements registered as new suggests that mind can be difficult to reverse. Nor that the wage revision clauses are sufficient to narrow the gap much. Increasingly, this tool ensures that employees do not lose purchasing power over a year, is falling into disuse (only 27% of the agreements signed until September had one).
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