Wages may well still rise, “but then productivity must increase”

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Wages may well still rise, “but then productivity must increase”

Are workers cutting their butts off if they keep asking for higher wages or not? Companies say so. According to them, if wages keep rising, prices will only continue to rise. Nonsense, say the unions. Companies are making high profits, while their staff has less and less to spend due to inflation. The answer to the question how much wages can increase depends on how you look at it. Compared to thirty years ago, there is now a big gap between wag…