Tadeo, Maria, Look, Carolynn, (2017), “Workers of the Euro Area Rise Up and Ask for More Pay, Maybe”, Bloomberg Markets, 13 July
Euro-area labor representatives are about to test whether the broadest economic growth in years can finally deliver a decent pay rise.
Unions in the currency bloc’s largest nations, interviewed by Bloomberg this month, blame lackluster pay gains on dampened expectations among workers since the region’s financial crises, and reforms that have weakened their negotiating power. Now they can point to four years of economic recovery and the return of inflation as they urge employers to countenance bigger increases in collective-bargaining agreements.
- Cazes, Sandrine, Garnero, Andrea, Martin, Sébastien, (2017), «The state of trade unions, employer organisations, and collective bargaining in OECD countries», VoxEU, 9 July
- Fric, Karel, (2017), «Growth Of Minimum Wages Accelerates Across Europe», Social Europe, 27 February