“Record worker, unexpected star of the World Economic Forum in Davos”

IRA is the abbreviation of General, for all conversations at the Forum in Davos, Switzerland. By passing the Inflation Reduction Act in August 2022, the President of the United States, Joe Biden, achieved the goal. With this ingenious formulation, he (or his advisors) may have had in mind his distant Irish origins, but the text is wrong. In fact, its aim is less to curb inflation, which is the responsibility of the Federal Reserve, than to accelerate the decarbonization of the economy, while financing, through subsidies, the return of factories on the national territory.

This prospect made the political leaders of Europe howl and made all the leaders of the ancient continent jealous. Aditya Mittal, head of steelmaking ArcelorMittal, or Martin Lundstedt, CEO of Volvo (trucks), say essentially the same thing: This is what we need in Europe so we can pick up speed. Technologies exist to get rid of oil or coal, but we must accelerate their adoption by reducing their cost.

The controversy raised by this new situation goes beyond the issue of competitiveness. When asked about the subject, on Tuesday, January 17, the US Secretary of Labor, Marty Walsh, initiated the call first. The issue of trade relations between Europe and the United States is not his job.

call for air

However, after a pause, he acknowledged that the consequences of his action, that is, his action, would be far-reaching. The truth is, America does not have enough qualified personnel to answer the air call that this tsunami will bring. Responding through training and education is essential for the son of an Irish immigrant who was a unionist and mayor of Boston.

The essential employee, who is not visible, has become, due to imperfection, the object of everyone’s attention. “It’s the first time I’ve seen companies understand the relationship between social and economic aspects”Christophe Catoire, Interim President of Adecco, confirms. There is no surprising altruism, but the recognition of a new balance of power is pushing companies to ease up on layoffs, unlike they did during the 2008 financial crisis.

Even more exciting is the appeal made by Alan Job, general manager of Unilever, a multinational consumer goods company, to his colleagues to ensure a decent salary for all its employees around the world. epidemic [de Covid-19] Accelerate the redesign of the contract that binds the employee to the employer.says Martine Verland, CEO of advisory and insurance firm Mercer. And this is only the beginning.