German Confederation of Trade Unions Demands Higher Collective Bargaining Agreements to Offset Real Wage Losses
Representatives of the German Confederation of Trade Unions and the industrial union IG Metall have demanded noticeable income increases for millions of employees in the manufacturing sector during ongoing collective bargaining rounds. Labor representatives argue that substantial wage growth is urgently required, given cumulative inflation over recent years, to support private consumption and stabilize the skilled labor market.