Labor-Management negotiations reflect the reality of every moment, and those of 2019 are reflecting the status quo: stagflation, exchange rate to the dollar on a downward trend, relative currency stability, inflation in decline, and markets’ kindness to the presidential ticket Macri-Pichetto.
Published in the magazine Consejo Digital on July 08, 2019
The first round of wage negotiations per industrial sector has come to an end with different methods to keep up with inflation in a context of stagflation while awaiting the second round supported by a new pay rise through indexation or a final revision clause.
In any case, everybody is saying that the unique scenario that unfolded in the first half of the year has two possible alternatives, though antagonistic, at the end of the second half which are now confirmed by an extreme polarization that will be seen at each stage of the electoral calendar. Seguir leyendo Labor-Management Negotiations Between Inflation Target and Electoral Struggle