When IG Metall wage negotiations would be a MAJOR issue for the forex market. Until today they haven’t even been on my radar scope. Maybe it’s just that I’m not paying enough attention to things, or maybe times they are a changin.

Anyways,

  • German engineering sector in North Rheine Westphalia agrees salary increase of 2.7% for workers from April 2011
  • IG Metall says wage agreement in NRW improves job security. Runs 23 months until March 31 2012
  • IG Metall recommends wage agreement be used as pilot for other agreements
  • German engineering sector in NRW agrees 320 euro payment in wage deal from May 2010 to March 2011