Economy

Iran war may lead to fresh cost-of-living crisis, unions warn

Europe / Ireland0 views1 min
Iran war may lead to fresh cost-of-living crisis, unions warn

The Irish Congress of Trade Unions has warned that the war in Iran may lead to a fresh cost-of-living crisis, with rising inflation potentially causing increased pay claims from workers. The union is advising private-sector unions to seek pay rises of up to 6% due to inflation, which has increased to 3.6% in March, driven by fuel price hikes.

The Irish Congress of Trade Unions has urged the government to take targeted action to address the impact of rising inflation on workers and marginalized communities. Inflation has increased to 3.6% in March, driven by fuel price hikes. The union is advising private-sector unions to seek pay rises of up to 6%. The government has extended fuel allowance payments to 470,000 households, but unions and advocacy groups are calling for more support for vulnerable communities.

This content was automatically generated and/or translated by AI. It may contain inaccuracies. Please refer to the original sources for verification.

Comments (0)

Log in to comment.

Loading...