• Short Summary

    West Germany's metal industry dispute moved into its third strike day on Wednesday (24 November) amid growing fears of its ominous effects on the national economy.

  • Description

    West Germany's metal industry dispute moved into its third strike day on Wednesday (24 November) amid growing fears of its ominous effects on the national economy.

    The dispute is over a pay increase, and although the stoppage has been so far confined to one area, it amounts to a nationwide confrontation between I.G. Metal -- West Germany's most powerful trade union -- and the employers.

    SYNOPSIS: West Germany's metal industry dispute between workers demanding a pay increase and the employers moved into its third day on Wednesday, amid growing fears that the stoppage may have an ominous effect on the nation's economy. Although the strike was only confined to the Stuttgart area up until Wednesday, it was amounting to a nation-wide confrontation between I.G. Metal -- West Germany's most powerful trade union -- and employers. Strikes and lock-out decisions were estimated to affect 500,000 workers.

    Employers in Hamburg on Tuesday had accepted a mediator's proposal for a six per cent rise for the period of a year. It was the first time in the current dispute that employers had gone above a 4.5 per cent limit. But the unions, who were demanding a 10 per cent increase, turned the proposal down, saying that it was no basis for concluding a new wage agreement. In the Schleswig-Holstein areas, a break-down in talks was the result of other claims being rejected.

    The dispute -- one of the most bitter and serious in German industry since the War -- has a background of an inflation rate of nearly six per cent, a falling off of industrial profits and fears of a recession. A monthly report issued by the nation's Economics Ministry on Tuesday said Government policy would aim at curbing price rises and preventing a recession. It stressed that co-operation from both business and labour was essential to make the policy succeed. But economic advisers have warned the Government of a slowdown in West Germany's economic boom, predicting rising unemployment and falling exports.

  • Tags

  • Data

    Film ID:
    VLVA68TNPMKXW67O4C46JZ2WPQ6PO
    Media URN:
    VLVA68TNPMKXW67O4C46JZ2WPQ6PO
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    24/11/1971
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Black & White
    Duration:
    00:01:42:00
    Time in/Out:
    /
    Canister:
    N/A

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