Spain Proposes Historic 37.5-Hour Work Week While Maintaining Full Salaries
Spanish government ministers have agreed to reduce the standard work week from 40 to 37.5 hours without cutting wages, marking a revolutionary shift in labor policy. The groundbreaking proposal, which still requires parliamentary approval, aims to enhance work-life balance and economic productivity across the nation.
Spain Defies Global Trend with Declining Income Inequality Over Three Decades
Spain has achieved a remarkable reduction in income inequality since 1990, contrasting with rising gaps in other developed nations. Government programs and policy measures have helped Spain maintain lower inequality levels, with the top 1% now holding 10% of total income compared to 20.9% in the US.
Spain's Labor Market Triumph: Unemployment Hits 17-Year Low Despite Seasonal Challenges
Spain's unemployment rate reached its lowest November level since 2007, with just 2.59 million jobless individuals and total employment exceeding 21.3 million. The robust job market showed remarkable resilience despite seasonal tourism declines, with education and trade sectors helping offset losses while self-employment grew.