Jobs returning to Spain construction sector while wages go nowhere
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Madrid
SPAIN'S once-ravaged construction industry is creating jobs at the fastest pace in almost three years. Well-paying jobs will take longer.
The country that used to build more houses than France, Germany and the UK combined added 32,300 construction jobs in the second quarter, the fifth consecutive period of expansion, according to the National Statistics Institute. Unions agreed to a minimum-wage increase that's below the national average after a two-year freeze as Europe's second-highest jobless rate favours employers.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore