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Wage Inequality in Spain Declines as Global Trends Emerge

Writer: samyaknagar2704samyaknagar2704

The ILO’s Global Wage Report 2024-25 revealed that wage inequality in Spain has decreased annually by approximately 0.6% since the early 2000s. The report, presented on January 16, 2025, by ILO experts Rosalía Vázquez and Félix Peinado, highlights significant improvements in wage equity as inflation declines and real wages rise globally. In Spain, the real growth of average wages across most wage brackets ranged from 0.2% to 0.6%. However, the highest wage percentiles experienced a decline of 0.2% to 1.2%. While wage inequality has reduced, regional disparities persist, requiring targeted policy measures. Globally, wage growth has resumed, but uneven distribution across regions underscores the ongoing challenge of addressing income disparities. The findings emphasize the need for continued efforts to promote fair and inclusive wage policies, ensuring equitable growth for all workers.



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