News

The OECD says in its March 2024 Wage Bulletin “After growing considerably and making unusually large contributions to domestic price pressures in 2021 and 2022, unit profits [..] have started to absorb some of the [..] impact of increasing unit labour costs. In most countries, there is ...

In drawing a very disturbing picture of high global debt made unmanageable by high interest rates at a time when borrowing needs for the future are higher than ever, the OECD makes the very controversial claim that “Government spending needs to be highly targeted and focus more on investment in ...

The Labour 7, the official engagement group representing trade unions to the G7, has issued a statement calling on Leaders to stand by their words and put workers at the forefront of their actions for 2024.   At the Leaders Summit held in Hiroshima, Japan, last year, the G7 acknowledged that ...

The OECD Economic Outlook, Interim Report of February 2024, underestimates the risk of monetary policy tightening overshooting its goal. TUAC is also concerned that OECD fails to draw the lesson of inflation declining rapidly and ignores the urgent need to start cutting interest rates as soon as ...

Ministers and government representatives from over 40 countries committed at an OECD Health Ministerial meeting in Paris today to “address health workforce shortages by concerted action to train, retain, and improve the working conditions of health and care workers”. Trade unions will be asking ...

TUAC is proud to announce the election of two new chairs and one new vice chair of TUAC Working Groups. The newly elected chairs and vice-chair are Geoff Tily, TUC (UK), Chair of the Economic Policy Working Group Bianca Cuciniello, UIL (Italy), Chair of the Multinational Enterprises Working ...

The Trade Union Advisory Committee to the OECD (TUAC) is challenging OECD to reexamine its economic policies and to shift towards a new economic paradigm putting working people at the centre of policy by unambiguously supporting full employment, secure employment and social dialogue, together with ...

The OECD today released its Digital Education Outlook 2023. The Outlook makes much of the potential opportunities offered by digital technologies (about which there is currently very little evidence), it also identifies some key risks: Increased inequalities and digital divides. Reliable ...

In its new report Pensions at a glance 2023, the OECD strongly advocates  limiting  workers’ rights to early retirement for arduous work. The report argues that “being unable to continue working in the same occupation […] should not imply permanently retiring from the labour market” and ...

A new OECD report “On shaky grounds? Income Instability and Economic Insecurity in Europe” shows that one in six households suffer highly unstable income flows and do not have sufficient funds to stave off poverty for three months. ...

The OECD’s latest Economic Outlook downplays the impact of profits on inflation and instead expresses concerns about wage rises, calls for a return to austerity and underestimates the dangers of high interest rates says the Trade Union Advisory Committee to the OECD (TUAC). The OECD’s Economic ...

Trade unions participated in the OECD Development Assistance Committee (DAC) High Level Meeting (HLM) on 15 November, and voiced their demands on the priorities of development cooperation donors for the next two years. They highlighted the importance of partnering with trade unions through social ...