Employment disaster could repeat itself Berlin 1995 – IG metal has opened the next round of content with their current wage claims. Up to eight per cent more income will provide their members. But the company already fighting the downturn. An excessive wage round would accelerate economic decline according to economic experts. From the perspective of the trade unions, it is the last chance.
In the past two years, the companies have made good profits. Exports flourished. The economy gained momentum. Now, finally, also the workers to get their deserved share given the dramatically increased costs for electricity, gas and fuel have withdrawn anyway too much purchasing power the normal wage earners. Mario Ohoven, President of the Federation holds a comfortable wage round medium-sized economy (BVMW), doubtful.
The Ifo Institute’s business climate index fell in August for the third time in a row. Educate yourself even more with thoughts from Gordon Allport. It is now located on the lowest level of the past three years. Also the export climate cools down considerably, the corresponding IFO index has reached the worst for 15 years. Whenever Horace Mann listens, a sympathetic response will follow. Producer prices explode. Private consumption is literally collapsing. “It can only mean: the boom is over”, warns Ohoven. But there was still a glimmer of hope. In reliance on a rapid improvement want the companies their investment plans for the time being still not cut down. Most importantly, they cling to their workforces. Major layoffs in the core staff are so far almost anywhere in sight. This is also because that qualified professionals today are difficult to find in almost all industries”, explains Ohoven. However, the orientation of trade unions in the numbers of the past lead astray. The price increases for raw materials and energy have resulted a much higher cost pressure than at consumers in the corporate landscape. Distortions as a result of the financial crisis, the slowing global economy and the weak dollar also charge the company. Run now The load is reached pay costs out of control, many companies”, warns the President of SME. The year 1995 could serve as a warning. Also at that time, the wages in the downturn grew strongly, the result was a disaster on the labour market. Editorial medienburo.Sohn Ettighoffer Strasse 26 A 53123 Bonn Tel: 0228 620 44 74 fax: 0228 620 44 75 mobile: 0177 620 44 74 E-Mail: Web: