No signs of a wage-price spiral, OECD report confirms
The latest OECD Wage Bulletin, published on 13 March, shows that real wages have finally started to grow on a yearly basis in a majority of OECD countries, after the sharp decline caused by the 2021-2022 inflation surge. In Q3 2023, real wage growth was positive in 25 of the 35 countries with ...
OECD Interim Economic Outlook: TUAC Calls for Faster Interest Rate Cuts and Increased Public Investment
The latest OECD Interim Economic Outlook projects a weaker than previously anticipated global growth of just around 3% in 2025-2026 – substantially below pre-pandemic levels – while recommending limited interest rate cuts and restrictions on government spending. TUAC’s response, published ...
Labour 7 urges G7 to put social justice at heart of international cooperation
Trade unions from G7 countries have issued a joint Labour 7 (L7) statement calling for social justice to be placed at the centre of international cooperation during a time of profound geopolitical divisions. Released ahead of Canada’s hosting of the G7 Foreign Affairs Ministerial in ...
