German trade union bosses slam universal basic income in Labor Day statement

German trade union bosses slam universal basic income in Labor Day statement

German trade union leaders have pledged their opposition to unconditional basic income (UBI) as a response to potential job losses resulting from automation.

In a statement made on Monday to honor International Workers’ Day (also known as “Labor Day”), Reiner Hoffmann, head of the German Federation of Trade Unions (DGB), emphasized that the focus of any response to technological change should be on managing it in a way that ensures employees are protected, and on not letting them fall by the wayside.

"It’s no solution to shunt somebody aside with a standstill reward just because people cannot be offered any decent […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.