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Business Matters: Growing demand for better welfare as workers down tools and strike

Growing demand for better welfare as workers down tools and strike

15/12/2022 GMT

BBC World Service - Business Matters, Growing demand for better welfare as workers down tools and strike

Industrial action on a global scale as workers demand better pay

There has been a mass industrial action not just in the UK but other parts of the world.

It's a December to remember for many as workers in South Africa, Australia and South Korea down tools to demand for better welfare.

US central bank, the Federal Reserve, has increased interest rates by half a percentage point to try and cope with price inflation caused, in part, by higher wages. 

Sam Fenwick is joined throughout the programme by Hayley Woodin, Executive Editor of Business in Vancouver a weekly magazine and Jasper Kim, Law Professor at Ewha University in Seoul, Korea and expert in international business law.(Picture: A view of an empty station during the strike in London, United Kingdom. Credit; Getty Images.)

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