Mon, Sep 16, 2013 - Page 15 News List

Low wages are flip-side to Germany’s ‘miracle’

LOW-WAGE COUNTRY:Germany has the highest proportion of low-wage jobs in the EU after the UK and Hungary, and its wage gap is the highest in the OECD


For her part, Merkel has said she wants to compel unions and employers to agree minimum wage deals by sector and region.

The process has already begun. Giant service sector union Verdi, for example, recently negotiated a minimum wage of 8.50 euros for hairdressers by 2015, the 13th such sector-wide agreement.

While Merkel occasionally denounces some “unacceptable” salaries, she has rejected a nationwide minimum wage which, she sees as the root of Europe’s high levels of unemployment.

This story has been viewed 2807 times.

Comments will be moderated. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned.

TOP top