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The Brotherhood labor union announced on Thursday that it is going to decrease the speed of all trains to 19 miles per hour for 24 hours as a strike measure on Sunday. The strike comes as the result of an inability to reach a salary agreement with the railroad companies.
The labor union emphasized that they were seeking a wage increase for two main reasons. First, the union hopes to compensate for the loss of purchasing power of their current salaries. They stated that if an agreement is not reached there is going to be a national strike that will consist of a complete stoppage of activities for 24 hours on June 4.
The second reason is related to the inflation levels registered in March, April and May of this year. There has been an increase of 3.6 percent on an annual basis in May, which has been three-tenths more than in April, according to economics specialist Laura Delle.
On the other hand, Javier Milei stated in one of his first speeches as president that he was going to start his mandate with a severe cut in public spending of $20 million, indicating that there was no alternative because of the lack of money. His economic advisor Ariel Coremberg indicated that these measures regarding public spending were taken to avoid the consequence of hyperinflation.
Additionally, there was an accident at the beginning of May between a train full of passengers and an empty car that left multiple people injured. Although the reasons for the crash are still being investigated, some attribute it to the budget cuts due to the lack of maintenance of both roads and trains.
The post Argentina train drivers announce strike due to inability to reach salary agreement appeared first on JURIST - News.
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The labor union emphasized that they were seeking a wage increase for two main reasons. First, the union hopes to compensate for the loss of purchasing power of their current salaries. They stated that if an agreement is not reached there is going to be a national strike that will consist of a complete stoppage of activities for 24 hours on June 4.
The second reason is related to the inflation levels registered in March, April and May of this year. There has been an increase of 3.6 percent on an annual basis in May, which has been three-tenths more than in April, according to economics specialist Laura Delle.
On the other hand, Javier Milei stated in one of his first speeches as president that he was going to start his mandate with a severe cut in public spending of $20 million, indicating that there was no alternative because of the lack of money. His economic advisor Ariel Coremberg indicated that these measures regarding public spending were taken to avoid the consequence of hyperinflation.
Additionally, there was an accident at the beginning of May between a train full of passengers and an empty car that left multiple people injured. Although the reasons for the crash are still being investigated, some attribute it to the budget cuts due to the lack of maintenance of both roads and trains.
The post Argentina train drivers announce strike due to inability to reach salary agreement appeared first on JURIST - News.
Continue reading...
Note: We don't have any responsibilities about this news. Its been posted here by Feed Reader and we had no controls and checking on it. And because News posted here will be deleted automatically after 21 days, threads are closed so that no one spend time to post and discuss here. You can always check the source and discuss in their site.