Economic Indicators

Germany saw record number of industrial disputes in 2023, study shows

2024.06.20 08:41

(Reuters) – The number of working days lost to strikes in Germany doubled in 2023 compared with the previous year to more than 1.5 million, with a record 312 industrial disputes, a study showed on Thursday.

High inflation and the consequent loss of purchasing power were the main drivers, said the study by the Institute of economic and social sciences (WSI), which has tracked the number of industrial disputes since 2006.

The study underscores how a cost-of-living crisis and an inflation spike after the pandemic and the Russian invasion of Ukraine sparked a wave of industrial action in Europe’s largest economy and tested its prized model for worker relations.

“2024 is also likely to be a year of intensive industrial disputes,” the WSI said, adding that the figure could depend on the outcome of union talks in the metal and electrical industries in the autumn.

The 1.52 million working days lost last year was the highest since 2015 and an increase of 126% on 2022 levels.

A wave of strikes at the start of the year hit railways, local transport, airports and the Lufthansa airline, and coincided with farmers’ protests and a budget crisis that put Chancellor Olaf Scholz’s government on the back foot.

However, the WSI said the public perception of Germany as a strike-prone nation was mainly because many strikes, such as those that brought 11 German airports to a standstill in February, disrupted people’s everyday lives.

© Reuters. FILE PHOTO: People walk at the Berlin Hauptbahnhof station during a strike by Germany's GDL train drivers union demanding wage increases and shorter working weeks, in Berlin, Germany November 16, 2023. REUTERS/Liesa Johannssen/File Photo

According to WSI, Belgium has seen the most days lost per 1,000 employees due to industrial action with an average of 103 days between 2013 and 2022, followed by France and Finland with 92 and 90 days respectively.

Germany ranks 8th, behind Britain but ahead of countries such as Switzerland and Sweden, where industrial action is near to zero, the study said.



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 76,030.37 1.60%
vested-xor
Vested XOR (VXOR) $ 3,405.08 99,999.99%
ethereum
Ethereum (ETH) $ 2,916.26 3.61%
tether
Tether (USDT) $ 1.00 0.06%
solana
Solana (SOL) $ 202.39 7.80%
bnb
BNB (BNB) $ 597.71 0.60%
usd-coin
USDC (USDC) $ 0.999654 0.02%
xrp
XRP (XRP) $ 0.549916 0.19%
dogecoin
Dogecoin (DOGE) $ 0.197336 3.47%
staked-ether
Lido Staked Ether (STETH) $ 2,913.80 3.53%
cardano
Cardano (ADA) $ 0.431501 16.43%
tron
TRON (TRX) $ 0.161357 0.46%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,454.78 4.09%
the-open-network
Toncoin (TON) $ 4.87 0.68%
avalanche-2
Avalanche (AVAX) $ 27.72 3.25%
shiba-inu
Shiba Inu (SHIB) $ 0.000019 2.04%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,022.37 1.72%
weth
WETH (WETH) $ 2,916.65 3.65%
chainlink
Chainlink (LINK) $ 12.95 5.43%
bitcoin-cash
Bitcoin Cash (BCH) $ 372.75 1.00%
sui
Sui (SUI) $ 2.31 3.65%
polkadot
Polkadot (DOT) $ 4.29 5.70%
leo-token
LEO Token (LEO) $ 6.33 2.18%
usds
USDS (USDS) $ 0.994084 0.65%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,067.63 3.65%
litecoin
Litecoin (LTC) $ 71.12 0.60%
uniswap
Uniswap (UNI) $ 8.75 1.95%
near
NEAR Protocol (NEAR) $ 4.22 1.73%
aptos
Aptos (APT) $ 9.67 0.71%
pepe
Pepe (PEPE) $ 0.000011 3.72%
bittensor
Bittensor (TAO) $ 501.45 2.06%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.40 0.39%
internet-computer
Internet Computer (ICP) $ 7.68 0.26%
dai
Dai (DAI) $ 0.999608 0.04%
monero
Monero (XMR) $ 164.50 1.54%
stellar
Stellar (XLM) $ 0.101842 4.21%
ethereum-classic
Ethereum Classic (ETC) $ 20.17 1.30%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.15%
crypto-com-chain
Cronos (CRO) $ 0.104174 22.88%
whitebit
WhiteBIT Coin (WBT) $ 19.55 1.17%
kaspa
Kaspa (KAS) $ 0.112603 4.90%
aave
Aave (AAVE) $ 181.24 2.02%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.34748 2.65%
blockstack
Stacks (STX) $ 1.65 0.99%
okb
OKB (OKB) $ 40.20 0.51%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.47%
dogwifcoin
dogwifhat (WIF) $ 2.35 0.75%
arbitrum
Arbitrum (ARB) $ 0.572185 0.09%
filecoin
Filecoin (FIL) $ 3.72 0.56%
mantle
Mantle (MNT) $ 0.656392 3.58%