March 09, 2023 00:42 GMT
Inflation Impacted Industrial Disputes In 2022
AUSTRALIA DATA
Industrial disputes in Q4 were steady in terms of the number and employees involved at around 70 and 22.2k respectively. However, there was a marked increase over the year. In 2022 there were 189 disputes up over 45% on 2021 and they involved 122.9k employees up 73% y/y. Working days lost rose 69% y/y. Q4 2022 CPI inflation rose 7.8% and the significant deterioration in industrial disputes over the year likely reflected an increased push by workers for higher wages to reflect this.
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