World Day for Decent Work: Workers in permacrisis

On the ocassion of this year’s annual World Day for Decent Work, CESI, the European Confederation of Independent Trade Unions, reiterates the importance of all of our sustained efforts to maintain and achieve decent employment for workers across Europe and beyond.

As in previous years, workers still find ourselves squeezed in a permacrisis, which has become a veritable a perma-poly-crisis with far-reaching consequences for workers. Inflation continues to eat purchasing power, and central bankers’ efforts to bring it down increasingly risks to choke off economies and bring higher unemployment.

Unions and social partners are much needed to help employers, policy makers and fiscal partners to achieve an ambitious but careful balance combing higher wages, fiscal support measures and monetary policy to ensure a growing economy and decent jobs with adequate wages.