Clearly, the point of organised labour disruption is to cause inconvenience. Not only to the employers but to others in order to put greater pressure on those employers. And, at least as far as inconvenience is concerned, the public sector strikes in Europe are succeeding. As usual, this affects courier services to and from Spain. Here is the latest FedEx press release:
On Wednesday, September 29, 2010, the UGT and CCOO have called a general strike to protest labor reform. FedEx Express’s intention is to work that day as normal, although there could be delays in our service due to strike.
At FedEx, we have prepared contingency plans to minimize the impact on the collection and delivery of their shipments. However our recommendation is to go ahead, if possible, their shipments planned for that date.
So, last week the French ATC, plus all the other public sector unions, were on strike again from late Wednesday to early Friday. Thank goodness that did not disrupt our friend arriving at Almería early Saturday morning but there were delays to many urgent next-day packages. This week it is Spain’s turn. The UGT (General Workers Union) and CCOO (Workers Commissions) are protesting Read the case for the protesters.
By and large the general public are fairly tolerant of these protests, despite my opinion that there is only one “cake” and what we are really arguing about is the size of individuals’ slice of that cake. However, these strikes raise the costs of doing business and sometimes cost individuals dearly, delayed mortgage or house sale contracts, cheques and currency transactions are just one example.
The way that G7 governments are borrowing means that the cost of the cake will be paid by our children and grand-children or through inflation and or default. I’m still a gold-bug (meaning that I expect the price of gold to continue to rise in the short-term, as explained by The Daily Reckoning ). Citibox regularly ships gold by courier to the UK from Spain because the prices there are much higher but the timing of deliveries is crucial as the items have been pre-sold.