//
you're reading...
Labour market reform, Spain, unemployment

The IMF and bosses’ war against Spanish youth

By Jose Antonio Arias

Again, for the umpteenth time the International Monetary Fund (IMF) has attacked Spanish youth and their wages, while the Spanish business lobby shouts “we told you so”.

This is the scenario: over 50% youth unemployment, the minimum wage at €645.30 (virtually frozen since 2011) and almost non-existent labour rights.

Faced with these facts the director of the IMF, Christine Lagarde, concludes that “we must end youth unemployment.” So far we can all agree, but her prescription for solving the problem is poison. She proposes, as Spanish business has, to create an even lower minimum wage for workers under 35 years of age. No more no less.

That is to say, Mrs Lagarde believes that the under 35s have to be paid less than the minimum wage to qualify for a job. We do not deserve the same rights as other workers. So harsh and so simple.

Instead of cutting working hours for existing workers that are exploited by companies and so encourage them to hire more staff, instead of raising wages of employees of companies that are reaping millions in profits, rather than reduce the six-to-seven digit salaries of senior executives… Instead of this, the IMF says pay less to the young.

Not that €645 is a living wage, it is not. But what they are saying is that a young worker is worth less than other workers, that we should discriminate according to age with impunity. With the excuse of the crisis, an excuse that is repeated ad nauseam, and which is used to legitimize their attacks against workers and anyone who gets in their way, as they continue to enrich themselves.

Jose Antonio Arias is employment spokesman for Socialist Youth (JSE)

 Nueva Tribuna

Translated by Revolting Europe

About revoltingeurope

Writer on Europe's Left, trade union and social movements @tomgilltweets or @revoltingeurope

Discussion

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Twitter Updates

Enter your email address to follow this blog and receive notifications of new posts by email.

DATA

Anti-social Europe in numbers

WAGES SLIDE

Key facts and figures on wages across the EU

Wealth Inequality in Europe

Get the key facts and figures

RADICAL VOICES

A different take on European issues

Italy’s Healthcare Crisis

Health services are ‘close to collapse’ in Rome, Turin and Naples after years of cuts and privatisation.

550 days, 29 Workers, Zero Job Losses

How a few determined Italian women stopped their factory closing and protected their livelihoods

Filthy Rich

France's Bernard Arnault of the Louis Vuitton Moet Hennessy (LVMH) empire is worth $41 billion. Check out Europe's rich list

SANTA DRAGHI’S COMING

Private banks receive half-trillion-euro gift from ECB

POPULAR FIGHTBACK

Workers and citizens stand up for themselves

FLORENCE’S BUS LUMACA

Workers are on a go-slow over privatisation

Popular resistance delivers results

Lessons from the victory against Madrid privatisation plan

FRENCH FACTORY OCCUPATION

Hundreds of workers occupied the factory of ArcelorMittal in Florange in the north of France

RSS Fight discrimination in Europe – Amnesty Int’l

  • An error has occurred; the feed is probably down. Try again later.

DOMESTIC VIOLENCE

in Italy the home is a very dangerous place to be

LABOUR RIGHTS

Follow Revolting Europe on WordPress.com

Subjects

EUROPE NEEDS A CITIZENS’ REVOLUTION

Read the statement by Lafontaine and Melenchon

The Troika in Portugal – Three Years On

A success story?

THE EURO

The Dossier

FRANCE

GERMANY

GREECE

ITALY

PORTUGAL

SPAIN