Germany’s workers are in the strongest position in 30 years
And they are demanding more pay
A HIGHLY SKILLED workforce, harmonious labour relations and restrained wage growth: all have long underpinned Germany’s economic success. But, as the recovery from the ravages of covid-19 continues, the three pillars are looking wobbly. A shortage of skilled workers is becoming more acute. Pay is rising against the backdrop of higher inflation. And some disgruntled unions are even threatening to strike.
This article appeared in the Finance & economics section of the print edition under the headline “Hard bargains”
Finance & economics October 16th 2021
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