IG Metall struck an agreement guaranteeing compensation payouts, shorter work-weeks and job guarantees. The union has yet to negotiate deals for worker in the east and in Saarland on the French border. Germany’s IG Metall, Europe’s...
The preliminary wage report for September 2017 showed a moderate acceleration in nominal wages. Basic and overtime wages rose by 0.7% year on year (YoY) in September, accelerating from 0.4% YoY in August. The 0.7%...
On the surface, recent economic news in Japan offers a silver lining for Abenomics. Despite the initial misgiving at the beginning of 2016, Japanese exports have maintained a moderately expansionary trend in the first 4...