Wage gap continues to widen
SGB demands automatic cost-of-living compensation
Unions recognize wage increases for this year in many sectors. However, they are still demanding real wage increases, automatic cost-of-living adjustments and at least CHF 5,000 a month for professionals with an apprenticeship.
SGB chief economist Daniel Lampart is once again calling for real wage increases. (Archive image from September 2019)
The economic prospects have improved somewhat after two years of the corona pandemic, according to a statement with regard to the annual media conference of the Swiss Trade Union Confederation (SBG) on Monday.
The wage negotiations have shown that although the employers have increased prices, they have budgeted for wages on a petty scale. Purchasing power must keep up with production worldwide, however, otherwise there will be no demand, warns the trade union federation. In most countries, however, wages have lagged behind inflation, according to the SGB.
Working people with lower and middle wages would have less real wages today than in 2016. According to the SGB distribution report published on Monday, the wage gap has widened further. (SDA)