Wednesday 29 October 2008

What union response to job losses?

Some good ideas by Aussie unionist, Tim Gooden, Secretary of Geelong & Region Trades & Labour Council, on how the union movement in Australia needs to respond to the economic crisis.
There are concrete proposals here that the union movement in New Zealand should consider. -UNITYblog editor.
The global financial crisis isn’t just clipping the wings of grossly overpaid bank executives and speculators in shonky “financial instruments”. It’s going to hit ordinary working people hard.
Even if the trillions being injected into the bloodstream of the world financial system manage to restore its heartbeat, growth rates will fall and unemployment will rise. A whole generation of workers, who since 1991 have only known economic growth, will find out what it means to lose a job and not find another.

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