Sunday July 12, 2020

The workers’ revolt?

Unions say their members are expecting pay rises this year, but employers are worried that wage pressure could derail economic progress

24th April, 2016
Labour costs in Ireland have been growing marginally more quickly than in the euro area since 2014, according to statistics just published by the National Competitiveness Council.

Pay disputes have been hitting the headlines – and commuters – in recent weeks, as the long-running dispute between Luas workers and operator Transdev chugged along.

Such high-profile pay disputes have put the spotlight on the growing pressure building in the labour market. But, with Ireland’s much-touted economic recovery balanced on a knife edge, employers are worried that wage pressure could derail economic progress.

Already, wages are ticking upwards. Labour costs in Ireland...

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