Current and future income plays a fundamental role in our decisions regarding spending, saving, and borrowing capacity. Where does this income come from? What factors influence wages and job creation? This content explores various aspects related to household income—mainly income from employment—and the functioning of the labour market.
The following sections address topics such as the origin of household income, the basic components of a payslip, the structure of wages and the factors behind differences in wages. It also covers the mechanisms of job creation, the causes of unemployment, and public policies related to the labour market.
