Europe Needs A Pay Rise And Europeans Want Good Jobs (Steve Coulter)
«The financial and Eurozone crises are now fading into memory. Firm growth has returned to Europe. Jobs are being created and new companies formed. Things should be looking up at last. Why aren’t they?
Several reasons. First, only some economies are growing, while others are stagnating or still shrinking. Second, the jobs recovery is largely in part time and precarious work. Third, employees are not sharing in the recovery through pay rises. And, fourth, a lot more needs to be done to ensure the next recession is nothing like as severe as the last one.»
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