Tag: wages

Reduction of working hours and minimum wage rising in US

2 July, 2021 · USA

Workers at Amazon
Workers at Amazon

The increase in the minimum wage in both Amazon and Target was accompanied by the reduction of working hours as well as the elimination of both health insurance and bonuses…which meant that workers’ real hourly earnings were actually reduced despite the wage hike. And it’s even worse. In the U.S. economy as a whole, inflation has already eaten into wage growth. And what is coming with the Green Deal is more of the same.

Can the European “Recovery” Fund ease the crisis?

27 July, 2020 · European Union

Conte and Sánchez last summer.

The low volume of the “recovery” funds turns them into a mere cover of the “austerity” promoted by the EU, with all that it means for the workers as a forced reduction of the general exploitation costs of the labor power: less healthcare services, education, social cohesion, etc. But this “austerity”would remain a mere appetizer for the general offensive against workers’ conditions implied by the “reforms” aimed at by this “recovery fund”.

A fake repeal of Rajoy’s labor reform

21 May, 2020 · Spain

Sanchism needs Rajoy’s labor reform to do its alchemy so that, for example, each rise in the minimum wage reduces the total wage bill received by the workers. And if he were to repeal it, it would be in order to re-enunciate it under a different name… and with the same substance.

What will “social and economic reconstruction” mean for you?

19 May, 2020 · Spain

Along with the recession, a period of direct attacks on our working, retirement and general living conditions is opening up. Wages, pensions and working conditions will be in the front line. It is more important than ever not to fall into the traps that attempt to make us support the production of dividends at the expense of our vital needs, be it in the name of “reconstruction”, “social justice” or “climate change”.