Labour Union IG Metall statement

  • Says wage talks led to a result

That news hit earlier, but its taken a while to get much in the way of more info.

Wages have been lagging pretty much everywhere ... but looks like some movement at least in Germany.

This now via Reuters :

  • German industrial workers and employers made progress in talks on Monday after a series of 24-hour strikes over pay and working hours and said they hoped to clinch a deal at another meeting in the evening.
  • The IG Metall labour union has demanded a 6 percent pay rise this year for about 3.9 million workers. It also wants members to have the right to work shorter hours to care for children or elderly or sick relatives."There's a difference but in our view it is bridgeable," said Stefan Wolf, a spokesman for the Suedwestmetall regional employers federation that covers southwestern Germany.