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Wages and the real austerity agenda – Spain and Greece and UK edition

Today, Eurostat published new data on hourly wages, 2012 fourth quarter. Wow. One of the sectors mentioned in this report is: “The mainly non-business economy … this accounts for about 30% of the labour costs of the whole economy. It contains O Public administration and defence; compulsory social security, P Education, Q Human health and [...]

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