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Press Release from the Campaign Against the Pay Deal

national | worker & community struggles and protests | press release

Friday July 14, 2006 23:53

by FG - CAPD

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Inflation Set to Wipe Out Wage Increases

Campaign Calls For Pay deal To be Rejected

The Campaign Against The Pay Deal today reiterated its call on workers to reject the miserable pay increases contained in Towards 2016.

The latest inflation figure shows that prices are continuing to rise. The pay increases in the agreement will barely cover price increases. Workers are being asked to give significant productivity increases for a cost of living pay rise.

A spokesman for the Campaign, Eddie Conlon, a former Honoury Secretary of the Teachers Union of Ireland, called on all worker to reject this miserable pay deal. Mr Conlon said: “The leadership of ICTU went into talks seeking a major pay back for the contribution of workers to economic growth. They didn’t get it. Workers will be lucky if these pay increases keep pace with price rises”. Mr Conlon noted that in real terms growth is running at over 9%.

This week it was reported that there are 30,000 millionaires in Ireland with 300 individuals with a net worth of €30 million each. These people will not be concerned about rising costs yet unionised workers, who are the only people in the country to have their incomes constrained, will be hit in the pocket by rising mortgage and energy costs.

Workers should reject this miserable deal.

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Article on the Deal

by ISNer - ISN

publication date

Sat Jul 15, 2006 16:43

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See the latest issue of Leftline, online monthly of the ISN, for an analysis of the current Social Partnership Deal.

http://irishsocialist.net/

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