Management and labour in the iron and steel industry (180 000 employees) separated after failing to reach agreement for the third time in two months. On Thursday, the employers rejected the union's wage demands, while the latter refuse to talk about the new remuneration system proposal. A "last chance" meeting before strike action will take place on November 2, 2006. (Ref. 061045)
Just as in Germany, agreements in this sector are indicators for the entire Austrian industry. But for the time being, the indicator is not working. After three rounds of negotiations, management and labour were unable to reach agreement last Thursday and the collective agreement in force runs out on November 1, 2006. According to the Austrian media, without quoting any figures, the negotiating unions, the Metall-Textil-Nahrung union (GMTN) and the union of private sector employees (GPA)* deman
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