Day 2 of the TUAC and KSBSI workshop in Jakarta: trade unions, employers, government and civil society at the table together on workers' rights and responsible business in supply chains.

Speakers L–R: TUAC General Secretary Veronica Nilsson, KSBSI President Elly Rosita Silaban, Deputy Minister for International Economic Cooperation Dr Edi Prio Pambudi and Massimo Geloso Grosso, Head of the OECD Jakarta Office.

@oecd-ocde.bsky.social

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Today in Jakarta, TUAC and KSBSI opened a two-day workshop on the OECD Guidelines for Multinational Enterprises, exploring what Indonesia's OECD accession process means for workers and how unions can use the Guidelines to hold companies accountable.

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"Workers are bearing the cost of a global system that protects wealth and punishes wages."
- Veronica Nilsson, TUAC General Secretary

Full statement 👇
tuac.org/news/trade-u...

Average income of the top 10% of households is 9x that of the bottom 10%. Globally, the top 10% owns ~75% of wealth while the bottom 50% holds just 2%.

The L7 calls for minimum living wages, fair taxation of multinationals & the ultra-wealthy, and an International Panel on Inequality.

🚨 Trade unions challenge the G7 to confront structural inequality behind global imbalances. The 2026 L7 statement, launched on 16 April under France's G7 presidency, calls for peace and sets out a roadmap for action on wages and taxation. 🧵

#L7 #G7

"Stripping that evidence from its flagship reform agenda, while inequality worsens globally, is a retreat to the supply-side thinking that failed before the financial crisis." – Veronica Nilsson, TUAC Gen Sec

Full analysis: tuac.org/news/new-oecd-growth-framework-abandons-inequality

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The OECD's own research showed inequality knocked 4.7% off cumulative growth in a subset of countries (1990–2010), prompting its inclusion in Going for Growth in 2017. The new publication drops it entirely.

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TUAC has criticised the OECD's new flagship report, Foundations for Growth and Competitiveness 2026, for excluding inequality – reversing a decade of work to embed sustainability and inclusiveness in OECD economic policy.

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#OECD #Inequality

TUAC joins 10 global unions in calling for a permanent ceasefire in the Middle East. Over 20,000 seafarers remain trapped in the Strait of Hormuz. Over 30 million migrant workers face heightened risks. Workers must never be targets of military operations.

tuac.org/wp-content/u...

tuac.org/news/trade-u...

The steel sector is at breaking point. At the OECD Steel Committee, TUAC, @industriall-union.org and @industrialleurope.bsky.social warned that overcapacity and underinvestment are putting jobs and regions at risk. Trade unions call for investment in workers, low-carbon steel and a Just Transition.

2/2 The case is clear: without workers at the table and strong public stewardship, affordable, secure, low-carbon energy for all cannot be guaranteed.

tuac.org/news/soes-must-deliver-for-workers-and-the-climate-tuac-tells-oecd-working-party/

@psiglobalunion.bsky.social

1/2 State-owned enterprises employ 33 million people and hold approx. USD 37 trillion in assets. At today's OECD Working Party on SOEs, TUAC argued governance frameworks must match that weight – on energy security, climate action, and rising inequality.

3/3 🔗 Read TUAC's full response: tuac.org/news/oecd-in...

2/3 At the same time, real wages in around half of OECD countries have yet to recover to early 2021 levels. Labour markets are weakening. TUAC warns that any monetary tightening risks compounding the damage to already fragile economies.

Monetary policy cannot end wars. Yet the OECD's Interim Economic Outlook leans too heavily on central banks to manage the fallout from Iran, TUAC warns. Governments must step in – with price controls, action on excess profits, and support for households still reeling from the cost-of-living crisis.

The L20 has called on G20 leaders to defend democracy, promote inclusive growth and protect workers' rights, warning that the US G20 presidency's agenda risks deepening inequality.

🔗 tuac.org/news/g20-trade-unions-call-for-defence-of-democracy-rights-and-shared-prosperity/

@ituc.bsky.social

4/4 tuac.org/news/tuac-ca... #IndustrialPolicy @oecd-ocde.bsky.social

3/4 44% of citizens across the OECD report low or no trust in their national government. The full engagement of social partners remains essential to effective policymaking and rebuilding public trust.

2/4 "Industrial policy must be an opportunity to invest in quality jobs, raise living standards and build resilient, sustainable economies. Deregulation has shifted risks and costs onto workers – we need a wholly different approach built on social dialogue and collective bargaining."

1/4 Industrial policy is at the centre of the OECD Ministerial Council Meeting this June. At the pre-MCM consultation in Helsinki on 12 March, TUAC General Secretary Veronica Nilsson set out workers' priorities. 🧵

(3/3) tuac.org/news/the-rea...

(2/3) Real negotiated wages remain below 2021 levels in all but two OECD economies and have slowed further, reflecting what OECD research identifies as an erosion of workers' bargaining power. TUAC urges OECD governments to act without delay.

(1/3) 📊 Today's OECD Wage Bulletin: in 19 out of 37 countries, workers' real wages are still below 2021 levels. The post-pandemic wage recovery is running out of steam – and TUAC warns the loss in purchasing power risks becoming permanent. #RealWages #OECD

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TUAC calls on Indonesia to anchor social dialogue in HRDD processes – making union participation standard practice, not an afterthought.

tuac.org/news/trade-unions-push-for-meaningful-role-in-indonesias-new-human-rights-due-diligence-regulation/

#LabourRights #OECD

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The need for a robust framework is acute. The @ituc.bsky.social's 2025 Global Rights Index gives Indonesia its worst rating of 5, placing it among countries where labour rights face the most severe violations.

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🚨 Indonesia is developing mandatory human rights due diligence legislation, but trade unions were not meaningfully consulted. For a country pursuing OECD membership, this is a serious gap: accession requires adherence to the OECD Guidelines on Responsible Business Conduct.

The TUAC Working Group on Economic Policy has wrapped up in Washington DC. Discussion continues with the ITUC, IMF and World Bank – from technology and labour markets to global debt, job quality and social protection.

@ituc.bsky.social @aflcio.org

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With contributions from @darrickhamilton.bsky.social , @hshierholz.bsky.social , @jaredb-econ.bsky.social , @joshbivens-econ.bsky.social, Candace Archer, Mary Beech, Rebecca Reindel, Ambassador Katherine Tai and Erica Owen.

@aflcio.org @epi.org @centeronbudget.bsky.social