Spring Economic Forecast from the European Commission
The Spring Economic Forecast from the European Commision has just been released.
Please see the link below, where you will find the press release, the actual report can be found using the links in the press release. http://europa.eu/rapid/pressReleasesAction.do?reference=IP/08/649&format=HTML&aged=0&language=EN&guiLanguage=en It should come as no surprise that inflation estimates have been adjusted upwards and that economic growth estimates have been adjusted downwards compared with the Autumn 2007 Forecast.
The European Commission are now predicting that the rising employment will be curbed and that unemployment will bottom out at 6,8% indicating that unemployment rates will start to increase. This will among other things have consequences for wage developments and wage demands in the near future.
Campaign
EMF Launches 2nd Common Demand of the European metalworkers’ unions
“For more secure employment, against precarious work”
which will be included in the collective bargaining demands of all its 75 affiliated trade unions and in future collective bargaining rounds throughout Europe over the next four years.
