Urgent.News

What's breaking now, across thousands of outlets.

Business

The cost of housing is pushing 770,000 workers into poverty, according to Oxfam Intermón

La tasa de trabajadores pobres asciende al 15,49%, hasta los tres millones, al descontar de los ingresos el alquiler o la hipoteca

Translated from Spanish Read in Spanish

The cost of housing is pushing 770,000 workers into poverty, according to Oxfam Intermón

Oxfam Intermón's latest report, "Cuando trabajar no es suficiente", reveals that the cost of housing pushes nearly 770,000 more workers below the poverty line. This brings the total number of workers living in poverty to approximately three million. Without housing costs, the number of workers in poverty would be 2.2 million. The poverty rate among workers increases by four percentage points, from 11.48% to 15.49%, when housing expenses such as rent, mortgage, and taxes are taken into account.

Written by urgent.news from El Pais Economia's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Also reported by 1 other outlet

Read the original at elpais.com →

More in Business

More from Monday 19 October →