Wages boost needed for employment and growth

Europe

New research provides important support for the argument that a coordinated increase in wages, along with more public investment, would boost the global economy and help create the jobs that are urgently needed to reduce unemployment. The ITUC global trade union confederation highlighted the research in its lobbying of the recent meeting of governments in the G20 group of leading industrial nations. The ITUC also warns of the risk of deflation and how the declining wage share in the economy has been a drag on growth.
Read more at > ITUC

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