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Forum Discussion Topic 1 M4
Forum Discussion Topic 1 M4
You are at negotiation table with Trade Unions to fix a new minimum wage and several
collective bargaining agreements in different sectors. Trade unions provides data
demonstrating that average wage growth has lagged behind average labour productivity
growth since the early 1980s in your country. Labour share of GDP has declined from
67% in 1982 to 52% in 2019. For this reason, also in order to correct possible negative
macroeconomic imbalances, Trade Unions argue that a strong increase in wages is
much needed. What would you reply? Which counterarguments could you eventually
bring to the table?