Keywords: Minimum wage


South African workers protest over job security, wages and rising living costs

Thousands of workers and trade union supporters took part in nationwide demonstrations across South Africa on Wednesday, as the Congress of South African Trade Unions (COSATU) called for stronger protection of jobs, better wages and greater enforcement of labour laws. The demonstrations were organised......

France minimum wage (SMIC) to rise by 2.4% on June 1

France will increase its national minimum wage (SMIC) by 2.4% starting June 1, in line with rising inflation driven in part by higher energy prices linked to global geopolitical tensions. The adjustment, described by officials as a “mechanical” update rather than a discretionary boost, reflects......

UK minimum wage hike linked to rising youth unemployment, BoE official warns

A sharp increase in the United Kingdom’s minimum wage for younger workers over the past three years has contributed to higher unemployment among this age group, according to Catherine Mann, a member of the Bank of England’s Monetary Policy Committee. Data shows that unemployment for 18-24......

Germany implements highest minimum wage increase in a decade

The German government has approved the largest increase in the minimum wage since its creation ten years ago. The wage, currently €12.82 gross per hour, will rise to €13.90 at the start of 2026, and then to €14.60 on January 1, 2027, representing a total......

French Prime Minister considers measures to boost household purchasing power

French Prime Minister Sébastien Lecornu is exploring several measures aimed at increasing the purchasing power of French households, according to his office. The announcement comes as trade unions stage nationwide demonstrations to influence the upcoming budget. Although no decisions have been......

Morocco Announces Comprehensive Wage and Tax Reform Package for 2025

The Moroccan government has unveiled a comprehensive wage and tax reform package set to take effect in 2025, aimed at boosting purchasing power and stimulating domestic consumption amid inflationary pressures. Starting January 1, 2025, the guaranteed minimum interprofessional wage (SMIG) will increase......

Alleviating Inflation's Strain: Wage Increases Offer Partial Respite

As the Kingdom contends with inflation spurred by an energy crisis compounded by the Russia-Ukraine conflict, which has markedly affected raw material prices in Morocco, the steady uptick in prices has not been met with a corresponding uptrend in wages, leading to a decline in household purchasing power.......

Moroccan Government Announces Wage Increases and Tax Relief for Workers

The Moroccan government has unveiled a significant package of wage increases and tax reforms designed to improve the financial well-being of public sector employees and workers across various industries. This announcement follows a series of social dialogue meetings held in April, highlighting the government's......

Wage Win: Spain Approves 5% Minimum Wage Hike

Madrid - Spain's leftist government has secured a victory for workers by announcing a significant 5% increase in the national minimum wage, effective January 1st. This retroactive raise elevates the monthly minimum from 1080 euros to 1134 euros, benefiting approximately 2.5 million low-wage workers. The......