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Rentism versus wages and the productive economy

Activities that generate employment, produce goods or provide services may be less attractive than the simple ownership of an asset

Translated from Spanish Read in Spanish

Rentism versus wages and the productive economy

Spain's economy shows a seeming contradiction. The country has more people working than ever before and has significantly reduced temporary work, with wages also rising nominally. However, millions of people struggle to make ends meet, particularly when it comes to affording a home and pursuing an independent lifestyle.

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.

Read the original at cincodias.elpais.com →

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