The Sánchez Government affirms that they have achieved inclusive growth. What they have done has been dope the GDP with spending and debt and impoverish everyone. Equality? Equalizing downward and impoverishing.
The Juan de Mariana Institute shows in a new report that the increase in the SMI is actually a propaganda measure that only seeks to raise all taxes by increasing the minimum contribution base, but rather has a detrimental effect on the rest of salariesin a country where productivity is stagnant.
By fiscally penalizing productivity and rewarding interventionism, they have achieved “Wage egalitarianism and economic impoverishment.”
Between 2018 and 2023, the interprofessional minimum wage has risen by 26% in real terms without any improvement in productivity. The effect? In the same period, The most common salary received fell from almost 16,000 to less than 14,000 euros.
In several autonomous communities, the minimum wage is almost equivalent to the modal wage. Lifelong socialism.
The Government boasts of a drop in unemployment of 600,000 people, but the real data shows that it does not reach 70,000
The minimum wage exceeds 60% of the average wage in 42 of 50 provinces and 75% in 34 provinces. In 2024 it reached 78.7% in Ávila, 77.3% in Zamora and 75.8% in Badajoz. In SMEs, it represents up to 90.8% of the average salary in Ávila and more than 85% in provinces such as Murcia or Alicante.
The interventionists tell you that raising the minimum wage has not destroyed jobs, arguing the figure of “21.7 million members.” Employment record! However, it is a fallacy since this figure comes from skyrocketing immigration, since 75% of new employment is due to immigration, there are 800,000 multiple employees and thousands of “affiliates” with almost no remuneration.
It is no surprise, therefore, that effective unemployment has not decreased since 2019 and is above 3.4 million and that the activity rate is stagnant at 59%.
The increase in the SMI in 2019 eliminated up to 174,000 jobs, and the accumulated effect 2019–2023 reaches 210,000, potentially reaching 270,000 in 2024. Cepyme goes further and estimates that, until 2025, Smaller companies stopped creating 350,000 jobs due to the indiscriminate increase in the minimum wage. In agriculture and domestic employment alone, 20,000 and 14,000 jobs have been destroyed, respectively.
The Government boasts of a drop in unemployment of 600,000 people, but the real data show that it does not reach 70,000, due to the reclassification of inactive discontinuous permanent employees as employed, which represents almost 90% of the reduction sold by the Executive. It is not surprising that there are nine regions where the number of officially unemployed is lower than the number of people receiving unemployment benefits.
The reality of Spain is a country impoverished by interventionist policies that have only one objective: to create poor people who are dependent,
According to the report from the Juan de Mariana Institute, spending on the minimum vital income is multiplied by nine and Spain now has more than seven million people receiving subsidies, with an annual cost of 28.5 billion euros.
The general impoverishment is evident. Real net wages have fallen since 2019. Spain is the fourth OECD country with the worst evolution of salaries in the last three decades.
The closer the modal wage gets to the minimum, the tendency towards stagnation becomes more pronounced, since “the incentives to train, improve professionally or assume responsibilities are reduced, slowing down social mobility and fueling the underground economy and precarious jobs.”
The reality of Spain is a country impoverished by interventionist policies that have only one objective: to create poor people who are dependent, hostages of a predatory state.
The real data from Spain are atrocious:
The most common salary barely exceeds the minimum wage by 36 euros per month. Productivity is stagnant and interventionist measures are worsening with doped GDP data and stagnant GDP per capita.
The total number of people registered in Sepe and who are not working is above the 3.7 million real unemployed in October. 38,993 more than in September. This means that effective unemployment has not reduced almost at all since 2019. In September there were 740,000 inactive discontinuous permanent workers.
The number of applications for unemployment benefits nationwide registered in the month of September 2025 amounted to 660,086, an increase of 8.3% over the same month of the previous year. In nine provinces there are more people collecting unemployment than “officially unemployed.”
Effective unemployment exceeding 3.4 million, membership inflated by a record of multiple employment and contracts with hardly any remuneration, the activity rate stagnant, the economy disguised by political spending, debt and immigration, a country of poor employees who lose real net purchasing power, inflation above the eurozone average despite the statistical changes… The reality of Spain is that of a zombie painted in colors by government propaganda.
The only record in Spain is waste.