A new working paper from the International Labour Organisation provides detailed background on the austerity measures being imposed on workers and trade unions up to the end of last year. It runs through the cuts in public sector pay and jobs and the changes to the collective bargaining system in the private sector. The report provides data on the impact on pay noting that this is before the latest measures, including the cut in minimum wages, have been implemented. It points out that there the pay reforms are simply cutting labour costs and reducing demand in the economy while there is no clear strategy of investment and innovation.
Read more at > ILO (EN)
Report reveals extent of attacks on collective bargaining and pay and conditions
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