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A CEBU-BASED labor group said Tuesday, Feb. 13, 2024, that it is capitalists who refuse to reduce profit margins, and not the implementation of wage increases, that cause the rising prices of goods and services.
Woodall's Campground Magazine CalOHA Highlights New Employment Laws for 2024 Industry News
A day after a one day strike by aviation security staff at many German airports, another strike has come into force at Hamburg Airport. The Verdi union had called on ground handling staff to stop work from 3:00 am (0200 GMT) to 11:59 pm on Friday. According to the airport, the consequences for passengers should be limited. Initially, five departures and three arrivals were cancelled in the morning, according to the airport's website. The majority of these were flights to and from Helsinki and Mu
MEXICO CITY (Reuters) -Union workers at Audi's Mexico unit went on strike on Wednesday after failing to reach an agreement with the carmaker for a new contract, the company's union leader said, with the company saying the two sides are far apart on a wage increase. Approximately 1,000 workers protested outside the Audi plant in the central state of Puebla, shouting, "We are workers, not beggars." Audi said the union declined its offer for a 6.5% salary raise and asked for a 15.5% increase.
Workers in Europe are hoping this year's pay round will help restore incomes eroded by higher prices, but the expected boost to their purchasing power could hamper the European Central Bank's efforts to bring inflation back to target. The ECB has singled out wages as the single biggest risk to its 1-1/2 year crusade against inflation. It expects salary growth across the euro zone of 4.6% this year, far more than the 3% pace it considers consistent with inflation at its 2% target.