And, according to the CCOO and UGT unions, the Council of Ministers will approve tomorrow the 2% salary increase for public employees scheduled for 2024.
After the announcement of the 2% salary increase for public employees, the ELA union has warned that this proposal “represents a loss of purchasing power for the third consecutive year.” According to the union, if approved, this would mean a loss of 1.1%.
As advanced by the Workers’ Commissions and UGT, the Council of Ministers will approve on Tuesday the 2% salary increase for public employees planned for this year, with retroactive effect from January 1.
For its part, ELA has criticized the approach and has warned that this decision would mean a loss of purchasing power that would be added to that of previous years: “If the institutions and political parties of Euskal Herria endorse this proposal, the loss of purchasing power only in three years will it be higher than 6%.”
And, as the union has explained, in 2022 the loss of power was 3%, and 2.2% in 2023. In 2024, if the proposal is applied, the loss will be 1.1%.
Source: Eitb

I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.