Inflation- Big pay rises- more inflation

  1. 4,190 Posts.
    lightbulb Created with Sketch. 695

    Its a circle thing. Prices rise, workers demand more forcing prices even higher. Demand pull, Push Pull no mater. Inflation is biting and not going to run away in a downward trend any time soon

    Not suggesting people in low paid work should not be able to get a reasonable wage! Comment is about inflation not beating up low paid process workers! Here the few cents off fuel may disappear as inflation bites almost everything from food to fuel.

    Kellogg’s workers win big raises, better benefits after striking

    From Amazon to Starbucks, United States companies are seeing a revival in the power of worker unions and collective bargaining.

    Several hundred workers at a Kellogg’s plant that makes Cheez-Its won a new contract that delivers more than 15 percent wage increases over three years after 1,400 workers at the company’s cereal plants went on strike for nearly three months in late 2021.

    The wage and benefits improvements that 570 workers at the Kellogg’s plant secured this week are the largest that have been seen by the Retail, Wholesale and Department Store Union (RWDSU), it said Wednesday.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.