Why the Bank of Spain believes raising the minimum wage will hurt job creation

Why the Bank of Spain believes raising the minimum wage will hurt job creation

The Bank of Spain has warned of the "collateral damage" the country's job market suffered the last time the minimum wage was raised, amid reports the Spanish government is considering revising this figure again and giving more rights to temporary workers.

Spain’s foreigner unemployment rate shoots up by 37% due to Covid crisis

Spain’s foreigner unemployment rate shoots up by 37% due to Covid crisis

Unemployment in Spain hits four million for first time since 2016

Unemployment in Spain hits four million for first time since 2016

Covid-19 pandemic destroys more than 360,000 jobs in Spain

Covid-19 pandemic destroys more than 360,000 jobs in Spain

Spain to give subsidy for unemployed who have already exhausted their benefit

Spain to give subsidy for unemployed who have already exhausted their benefit

Tourism in Spain to be hit hard as economy set for deep recession

Tourism in Spain to be hit hard as economy set for deep recession

September job creation in Spain returns to recession levels

September job creation in Spain returns to recession levels

No-deal Brexit ‘would mean 70,410 job losses in Spain’: study

No-deal Brexit ‘would mean 70,410 job losses in Spain’: study

Good news for workers in Spain as jobless queue shortens

Good news for workers in Spain as jobless queue shortens

Unemployment in Spain dropped 6.17 percent in 2018

Unemployment in Spain dropped 6.17 percent in 2018

Spain is about to raise the minimum wage by a whopping 22 percent

Spain is about to raise the minimum wage by a whopping 22 percent

Spain pledges  €2 billion for tackling youth unemployment

Spain pledges €2 billion for tackling youth unemployment

Minimum wage rise will cost 150,000 jobs: Bank of Spain

Minimum wage rise will cost 150,000 jobs: Bank of Spain

Tourism boosts job creation over summer months in Spain

Tourism boosts job creation over summer months in Spain

Unemployment will drop to pre-crisis levels in 2019: Spanish bank

Unemployment will drop to pre-crisis levels in 2019: Spanish bank

Spain one of the worst EU countries for income inequality: report

Spain one of the worst EU countries for income inequality: report

Tourism helps Spanish unemployment shrink, but most new jobs temporary

Tourism helps Spanish unemployment shrink, but most new jobs temporary

Unemployment climbs in Spain after busy tourist summer season ends

Unemployment climbs in Spain after busy tourist summer season ends

What recovery?  Economic rebound bypasses Spain’s poorest neighbourhoods

What recovery? Economic rebound bypasses Spain’s poorest neighbourhoods

Booming tourism helps put Spaniards back to work

Booming tourism helps put Spaniards back to work

Tourism bigger worry than unemployment in Barcelona, poll shows

Tourism bigger worry than unemployment in Barcelona, poll shows

Spain is continuing to beat expectations on unemployment

Spain is continuing to beat expectations on unemployment

Good news: Spain’s jobless rate just fell to a seven-year low

Good news: Spain’s jobless rate just fell to a seven-year low

Spain’s jobless queue shrinks in 2016 (but most new jobs are precarious)

Spain’s jobless queue shrinks in 2016 (but most new jobs are precarious)

Spain to raise minimum wage by 8 percent in 2017

Spain to raise minimum wage by 8 percent in 2017

Spaniards chased away by crisis return home

Spaniards chased away by crisis return home

Summer jobs bring Spanish unemployment to six-year low

Summer jobs bring Spanish unemployment to six-year low

Tax returns reveal true extent of Spain’s north-south divide

Tax returns reveal true extent of Spain’s north-south divide

Spain’s unemployment figures drop to 7-year low in June

Spain’s unemployment figures drop to 7-year low in June

Spain’s ‘disposable’ workers become main election issue

Spain’s ‘disposable’ workers become main election issue

Spain sees unemployment rise in first quarter of 2016

Spain sees unemployment rise in first quarter of 2016

Spanish unemployment rate drops in March

Spanish unemployment rate drops in March

Spain’s ‘unfair’ labour reform creates jobs but erodes rights

Spain’s ‘unfair’ labour reform creates jobs but erodes rights

Spanish unemployment figures rise in February

Spanish unemployment figures rise in February

Spain sees record jobless fall in 2015 as economy recovers

Spain sees record jobless fall in 2015 as economy recovers

Spain’s unemployment sees largest annual decline ever during 2015

Spain’s unemployment sees largest annual decline ever during 2015

Meet Spain’s lost generation: The drop outs facing a bleak future

Meet Spain’s lost generation: The drop outs facing a bleak future

As Spanish polls near, the disillusioned jobless struggle on

As Spanish polls near, the disillusioned jobless struggle on

Spanish unemployment figures rise again as seasonal contracts end

Spanish unemployment figures rise again as seasonal contracts end

Jobless rate drops to 4-year low in further sign of economic recovery

Jobless rate drops to 4-year low in further sign of economic recovery

‘I’ll give you €5,000 if you will give my son a job’, says desperate father

‘I’ll give you €5,000 if you will give my son a job’, says desperate father

Spanish unemployment creeps up for the first time in seven months

Spanish unemployment creeps up for the first time in seven months

What recovery? Spanish reject economic ‘spin’

What recovery? Spanish reject economic ‘spin’

Fastest economic growth in Spain since crisis

Fastest economic growth in Spain since crisis

Urban allotments thrive in crisis-hit Spain

Urban allotments thrive in crisis-hit Spain

Black economy clouds Spain’s recovery

Black economy clouds Spain’s recovery

Spanish Prime Minister boasts of job creation

Spanish Prime Minister boasts of job creation

Spain improves outlook for joblessness and debt

Spain improves outlook for joblessness and debt

Spain expected to be a top job creator in 2016

Spain expected to be a top job creator in 2016

Spain’s unemployment drops for fifth month

Spain’s unemployment drops for fifth month

May marked record drop in Spain’s unemployed

May marked record drop in Spain’s unemployed

Road to recovery? Poor get poorer in Spain

Road to recovery? Poor get poorer in Spain

Gap widens between Spain’s rich and poor

Gap widens between Spain’s rich and poor

Biggest fall in April jobless for two decades

Biggest fall in April jobless for two decades

Spain sees increase in first quarter jobless

Spain sees increase in first quarter jobless

Andalusia is worst region in EU for unemployment

Andalusia is worst region in EU for unemployment

Foreigners abandon Spain over lack of jobs

Foreigners abandon Spain over lack of jobs

Unemployment falls in ‘best ever’ data

Unemployment falls in ‘best ever’ data

Unemployment at lowest rate since 2012

Unemployment at lowest rate since 2012

Jobless drop in February biggest since 2001

Jobless drop in February biggest since 2001

Corruption bigger worry than terrorism in Spain

Corruption bigger worry than terrorism in Spain

477,900 leave jobless queues in 2014

477,900 leave jobless queues in 2014

Unemployment falls by 253,000 in 2014

Unemployment falls by 253,000 in 2014

Gang found drug mules in jobless queues

Gang found drug mules in jobless queues

Spain’s youth jobless rate Europe’s highest

Spain’s youth jobless rate Europe’s highest

Brussels forecasts years of pain for Spain

Brussels forecasts years of pain for Spain

80,000 Spaniards join jobless line in October

80,000 Spaniards join jobless line in October

New car sales surge in Spain

New car sales surge in Spain

Spain grows by 0.5 percent in third quarter

Spain grows by 0.5 percent in third quarter

Going down: jobless rate dips below 24 percent

Going down: jobless rate dips below 24 percent

Where’s the best place to live in Spain?

Where’s the best place to live in Spain?

‘Poor’ Spain sees 24% surge in millionaires

‘Poor’ Spain sees 24% surge in millionaires

20,000 more unemployed in Spain in September

20,000 more unemployed in Spain in September

Falling wages threaten Spain’s recovery: OECD

Falling wages threaten Spain’s recovery: OECD

Spain’s jobless rate edges up in August

Spain’s jobless rate edges up in August

Jobless queues shrink by 30,000 in July

Jobless queues shrink by 30,000 in July

Spaniards more positive on jobs growth: Poll

Spaniards more positive on jobs growth: Poll

402,000 Spaniards find work in three months

402,000 Spaniards find work in three months

Slow but steady: Spain’s economy keeps growing

Slow but steady: Spain’s economy keeps growing

Germany steps up hunt for Spanish workers

Germany steps up hunt for Spanish workers

111,916 people leave Spain’s jobless queues

111,916 people leave Spain’s jobless queues

500,000 Spaniards have given up job hunt

500,000 Spaniards have given up job hunt

Spain’s employment rate third worst in EU

Spain’s employment rate third worst in EU

Spain: One vacancy for every 110 jobseekers

Spain: One vacancy for every 110 jobseekers

Jobless queues shrink by 111,565 in April

Jobless queues shrink by 111,565 in April

Brussels cautious on Spain’s ‘mild recovery’

Brussels cautious on Spain’s ‘mild recovery’

Bullish Spain promises 600,000 jobs in two years

Bullish Spain promises 600,000 jobs in two years

Spain’s jobless rate rises in first quarter of 2014

Spain’s jobless rate rises in first quarter of 2014

Spain ‘fiddles numbers’ to shave jobless rate

Spain ‘fiddles numbers’ to shave jobless rate

36.3%: Andalusia has EU’s highest jobless rate

36.3%: Andalusia has EU’s highest jobless rate

Young Spaniards scrape by in ruthless London

Young Spaniards scrape by in ruthless London

1% of Spaniards positive about economy: survey

1% of Spaniards positive about economy: survey

Spain’s jobless numbers dip in March

Spain’s jobless numbers dip in March

Spain’s rich virtually unscathed by crisis

Spain’s rich virtually unscathed by crisis

Economy to grow for 3rd straight quarter: Minister

Economy to grow for 3rd straight quarter: Minister

576,900 jobseekers in Spain have never worked

576,900 jobseekers in Spain have never worked

Spain doesn’t believe PM on recovery claims: Poll

Spain doesn’t believe PM on recovery claims: Poll

Jobs ministry trumpets ‘strong’ monthly figures

Jobs ministry trumpets ‘strong’ monthly figures

Viral map reveals Spain’s jobless hotspots

Viral map reveals Spain’s jobless hotspots

Spain’s unemployment: Seven shocking facts

Spain’s unemployment: Seven shocking facts

Spain’s jobless rate back up to 26 percent

Spain’s jobless rate back up to 26 percent

Spain grows 0.3 percent in fourth quarter of 2013

Spain grows 0.3 percent in fourth quarter of 2013

Jobless figures drop 107,570 in December

Jobless figures drop 107,570 in December

‘No Job Land’ film shows Spain’s crisis misery

‘No Job Land’ film shows Spain’s crisis misery

‘Falling wages are saving Spanish jobs’

‘Falling wages are saving Spanish jobs’

Spanish jobless queue shrinks in November

Spanish jobless queue shrinks in November

Spain declares two-year recession officially over

Spain declares two-year recession officially over

Spanish PM calls time on austerity policies

Spanish PM calls time on austerity policies

Spain’s jobless rate jumps in October

Spain’s jobless rate jumps in October

Ten reasons you might not see Spain’s crisis

Ten reasons you might not see Spain’s crisis

Spain’s jobless rate falls by smallest of margins

Spain’s jobless rate falls by smallest of margins

Spanish wages set for fall: Business leaders

Spanish wages set for fall: Business leaders

Spaniards stranded in fake German job scandal

Spaniards stranded in fake German job scandal

IMF revises up Spanish growth forecast

IMF revises up Spanish growth forecast

Spaniards wary on economic growth: Poll

Spaniards wary on economic growth: Poll

‘Spain’s job market forecasts are too rosy’

‘Spain’s job market forecasts are too rosy’

Jobless queues grow after summer work boom

Jobless queues grow after summer work boom

Spain sailing into calmer waters: Central bank

Spain sailing into calmer waters: Central bank

‘Austere’ Spain racks up record debt levels

‘Austere’ Spain racks up record debt levels

‘Sad Spain’ takes tumble in UN happiness poll

‘Sad Spain’ takes tumble in UN happiness poll

Thirty-one Spaniards find work in August

Thirty-one Spaniards find work in August

Spanish fastest-growing expat group in UK

Spanish fastest-growing expat group in UK

Jobless Spanish line up for ‘Exodus’ slave wage

Jobless Spanish line up for ‘Exodus’ slave wage

IMF posts grim jobless warning for Spain

IMF posts grim jobless warning for Spain

Spain sees fifth month of falling jobless figures

Spain sees fifth month of falling jobless figures

Spain’s jobless rate sees ‘biggest drop in 5 years’

Spain’s jobless rate sees ‘biggest drop in 5 years’

‘There is no quick fix for Spain’s problems’

‘There is no quick fix for Spain’s problems’

‘Spain’s jobless rate will rise in 2014’: OECD

‘Spain’s jobless rate will rise in 2014’: OECD

Jobless dig for work in Spain’s farmland

Jobless dig for work in Spain’s farmland

Spain sees record drop in jobless numbers in June

Spain sees record drop in jobless numbers in June

Spanish firms ‘least likely’ to hire new staff

Spanish firms ‘least likely’ to hire new staff

Business boss feels heat over funeral comments

Business boss feels heat over funeral comments

Budget minister flags end to five-year crisis

Budget minister flags end to five-year crisis

Spaniards choose job security over high wages

Spaniards choose job security over high wages

‘We demand a change to austerity policies’

‘We demand a change to austerity policies’

EU heavyweights tackle youth jobless crisis

EU heavyweights tackle youth jobless crisis

Catalonia eyes aid for ‘poorly nourished’ kids

Catalonia eyes aid for ‘poorly nourished’ kids

Spain’s jobless numbers fall by almost 100,000

Spain’s jobless numbers fall by almost 100,000

Spaniards stop saving as daily struggle grows

Spaniards stop saving as daily struggle grows

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Central bank predicts ‘slowing’ jobless rate

‘A Madrid Olympics means more jobs ‘

‘A Madrid Olympics means more jobs ‘

Spain fears brain drain as graduates eye exit

Spain fears brain drain as graduates eye exit

Fifty crisis-hit families to get free holidays

Fifty crisis-hit families to get free holidays

Job-seeking journalist sings CV on metro

Job-seeking journalist sings CV on metro

Spain’s students cut class in budget protest

Spain’s students cut class in budget protest

‘Nobody wants to be like Spain now’

‘Nobody wants to be like Spain now’

‘We can’t have Europe’s youth not working’

‘We can’t have Europe’s youth not working’

Spanish leaders hail ‘lower’ jobless rate

Spanish leaders hail ‘lower’ jobless rate

Spanish PM defends ‘smoother’ deficit plans

Spanish PM defends ‘smoother’ deficit plans

Spain’s jobless rate hits record six million

Spain’s jobless rate hits record six million

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PM puts positive spin on ‘slowing’ jobless rate

Spaniards ‘worry most about jobless rate’

Spaniards ‘worry most about jobless rate’

Young Spaniards give up on job hunting

Young Spaniards give up on job hunting

Jobless rate dips after Easter tourism push

Jobless rate dips after Easter tourism push

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‘No growth until 2014’: Spain’s central bank

Central bank posts grim 2013 forecast

Central bank posts grim 2013 forecast

Gap widens between Spain’s rich and poor

Gap widens between Spain’s rich and poor

Tempers flare as Madrid job show flops

Tempers flare as Madrid job show flops

‘A megacasino could let the mafia into Spain’

‘A megacasino could let the mafia into Spain’

Spanish jobless rate hits record high

Spanish jobless rate hits record high