The new increase in the Minimum Wage that the Government has just announced: when would it arrive

by time news

2023-11-19 08:35:00

At the gates of the investiture of Pedro Sanchezpossible thanks to the support of Sumar, ERC, Junts, PNV, Bildu, BNG and Coalión Canaria, the acting vice president of the Government Yolanda Diaz has shared his commitment to a new upload of the Minimum Interprofessional Wage (SMI). If fulfilled, it would be quinto increase in this parameter in less than five years.

Although the investiturewhich will be held between Wednesday and Thursdaythe also Minister of Laborwho will most likely repeat his position in the next Government, has announced that he is going to convene the social agents of “immediate” to carry out this new remodeling.

47% increase since 2019

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According to various media outlets, the rise in SMI will benefit 2.5 million of workers. However, it should be noted that the application of this modification will not become effective until In a few monthssince this requires the prior approval of the General Budgets.

Be that as it may, estimates suggest that this incrementthe fifth since 2019it will be around 4 % and it will serve as a countermeasure against price increase throughout the last few months. In this way, in the span of five years, the SMI has grown 344 euros or, what is the same, it has been revalued by a 47 %collect The Moncloa. It is worth remembering that, after a last rise in 8 % In February, the minimum wage is currently at 1080 euros.

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