8/31/11

PCs: wage settlements "unsustainable" (at less than half of inflation)

Public sector wage settlements fell in July to an annual average of 1.2%, according to new data from the Ontario Ministry of Labour.  The agreements cover 9,073 workers.  The average fell from 1.5% in June.

The July settlements are less than half of the current 3% rate of inflation in Ontario.

Tim Hudak and the Progressive Conservative party claim that public sector settlements are "unsustainable".

Apparently, only a more rapid decline in the standard of living is good enough for the Tories.

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