German Union Demands 5 Percent Pay Raise
German industrial union IG Metall is demanding a 5 percent pay rise for 3.7 million workers ahead of collective bargaining talks. The negotiations take place as the nation's auto sector faces mounting pressure from competition and high costs.
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Germany's industrial union IG Metall is demanding a 5% pay raise for 3.7 million engineering workers ahead of collective bargaining talks. The wage push comes as the nation's manufacturing sector navigates deep restructuring and rising cost pressures. The outcome will set labor cost baselines across Europe's largest industrial economy.
