Recovery ? What Recovery ? TUAC Analysis of the OECD Interim Economic Report 13 April 2023
The OECD recently published its interim report on the economic outlook, expecting economic growth to gradually recover from the negative shocks suffered over the last year. A closer analysis of the interim report by TUAC reveals that, two years after the pandemic, OECD economies are still ...
Labour 7 urges the G7 to support wage increases and access to social protection
Labour 7 urges the G7 to support wage increases and access to social protection Trade unions from Canada, France, Germany, Italy, Japan, UK and USA met in Tokyo yesterday and today, ahead of the G7 Labour and Employment Ministerial Meeting to present their concerns and proposals to the Japanese ...
Profit-price spirals are driving inflation and increasing inequality
The cost-of-living crisis is hitting workers hard. Wages are having a hard even impossible time in trying to catch up with inflation. Real wages are falling across all OECD countries. Hiding behind the cost-of-living crisis is a deeper story. It is the story of businesses using shocks in energy and ...
Unions call on OECD Governments to strengthen OECD rules for multinationals
Trade unions representing millions of workers took part in discussions with the OECD on responsible business conduct on 27-28 March. Union officials from eleven OECD countries and global union federations representing workers in transportation, manufacturing, mining, infrastructure and construction ...
OECD irresponsible to recommend interest rates hikes
Trade unions representing millions of workers took part in discussions with the OECD on responsible business conduct on 27-28 March. Union officials from eleven OECD countries and global union federations representing workers in transportation, manufacturing, mining, infrastructure and construction ...
OECD Steel Committee: invest in workers!
TUAC, IndustriALL Global, and industriAll Europe insist that the impact on steel workers must be at the centre of the debate whether discussing the condition of the steel industry in Ukraine, the decarbonisation of the steel sector globally or the state of international trade. Steel workers must be ...
Collective bargaining cuts the gender pay gap
On International Women’s Day OECD rightly point to the gender pay gap of over 11% across OECD countries . What they don’t point is fact that collective bargaining – negotiations between unions and employers – reduces the gender pay gap. But other OECD publications do confirm ...
TUAC joins call to Tunisia to end persecution of trade unions
TUAC calls on the Government of Tunisia, in a joint action with the Global Council of Unions, to end immediately its persecution of trade union leaders and members respect trade union rights and the international conventions ratified by the Tunisian State as well as the provisions of the Tunisian ...
Unions call on Ministers to support OECD responsible business standards
Ahead of the OECD Ministerial meeting on responsible business conduct on 14-15 February, trade unions call on Ministers to empower workers to end poverty pay and unacceptable working conditions. The Trade Union Advisory Committee to the OECD (TUAC) encourages governments to back the updates ...
The case for increasing minimum wages in OECD countries
A recent OECD publication (‘Minimum wages in times of rising inflation’, December 2022) discusses how minimum wages can help shield the most vulnerable, low-income households from high inflation. Alongside negotiations with and between social partners to protect the purchasing power of a large ...
Labour 7 urges G7 Leaders to uphold workers’ rights and commit to social justice
Since the economic and financial turmoil of 2007-2009, the world economy has lurched from crisis to crisis. As countries continue to grapple with the ongoing impact of the Covid-19 pandemic, the surge in food, commodity and energy prices following the invasion of Ukraine has led to a cost-of-living ...
Taming Inflation or Playing with Fire? TUAC’s response to the OECD Economic Outlook
The latest Economic Outlook, Confronting the Crisis, provides a comprehensive and layered picture of the main macroeconomic risks that world economies are facing. The report is objective in characterising the difficult balancing act that governments and central banks need to perform so to contain ...