Business Intelligence

Low Wage Work In High Employment Growth Economy, Spain 1994-2004

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Executive Summary

Income from work is the major source of income for most European and Spanish families. According to the information available, around 70% of the family income of European families comes from work (79% in the Spanish case). Therefore, whatever happens to income distribution and poverty will be highly related to the evolution of wages and employment. Poverty is usually associated with situations of exclusion from the labour market. In fact, the poor are over-represented among the unemployed or those too young or too old to work, or those with dependents and out of the labour force, or those handicapped and lacking the required skills to get and maintain a job.

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