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Whatever the reasons, Chileans would take a dim view of a generous strike-averting wage settlement.
Economists have warned that a generous wage settlement will slow German economic growth, which is already the lowest in Europe.
On June 20th the government presented a bill in Parliament that would impose a wage settlement even harsher than Canada Post's original proposal.
He said it was necessary to offset the cost of a wage settlement reached with locomotive drivers, but promised there would be no "price explosion".
The union, the National Union of Mineworkers, which also represents building workers, said details of a wage settlement would be made public when the agreement was formally signed.
Mr. Sulzberger saying that the 41.69 percentt wage settlement was agreed to by The Post and the guild early yesterday.
Similar(38)
Wage settlements are running a third higher than expected.
The economic consequences of the strikes and the high wage settlements were, he thought, "not serious".
It makes sense to think about mutuals and cooperatives and fair wage settlements.
What was so deadly in 1979 was the prevalence of "indexation": wage settlements linked to inflation.
The union has also allegedly accepted wage settlements that tied workers into years of meagre increases.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com