Home » HR practices » Professional development » Legal developments » ILO and other international organizations » EU: International Trade Union Confederation denounces IMF’s contradictions as regards European labor market reforms EU: International Trade Union Confederation denounces IMF’s contradictions as regards European labor market reforms The International Trade Union Confederation (ITUC) has analyzed the IMF’s working documents from the past few years. The union points out that they do not match the recommendations the institution gave European countries before or during the crisis, which were sometimes the prerequisite for granting financial support when the crisis was at its peak in the euro area. It notably seems that the IMF never clearly established the benefits of labor market deregulation on employment. (Ref. 130275) Through . Published on 24 April 2013 à 11h41 - Update on 24 April 2013 à 11h41 Resources Forecasts. The ITUC reminds that the IMF started adding the unemployment issue to its analysis only in 2009. In September 2010, the international organization notably wondered about the consequences of “fiscal consolidation,” namely policies aiming to bring down public deficit and debts, which are likely to “lower incomes – hitting wage-earners more than others – and raise unemployment,… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialité.NameThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels
