Economic Association: BM Kocher is taking the right approaches for the business location

2023-10-01 12:20:06

Expansion of the red-white-red card and rejection of a 32-hour week are important signals for the economy

Vienna (OTS) Labor and Economics Minister Kocher emphasized in today’s press session that overtime is important for competitiveness. A 32-hour week is damaging to the business location. “We can only counteract the labor shortage by taking measures to make overtime more attractive; reducing working hours does not help anyone, neither the entrepreneurs nor the employees. In nursing or the police, where there is an enormous shortage of workers, a reduction in working hours would only lead to an aggravation of the situation; the ‘shame’ regarding productivity cannot be applied across the board to all sectors,” welcomes WB Secretary General and MP. e.g. NO. Kurt Egger, Kocher’s statements.

In addition, the simplification of the red-white-red card that has already taken place is a measure that has been positively accepted by companies and counteracts the shortage of skilled workers. “There needs to be an influx of skilled workers into the labor market in order to counteract demographic change and maintain competitiveness.” Given the tense situation on the labor market, according to Egger, it is important to “tap potential at home and abroad so that we can be in the next economic situation “We will be able to cover the demand for workers through the upswing,” continued Egger.

There were no questions asked during the press session by Barbara Battisti and Christoph Kotanko regarding the energy cost subsidy 2, which entrepreneurs have been waiting for for 10 months. “Martin Kocher takes his job seriously and has already sent the draft directive to the European Commission. We would like the coalition partner to take its task just as seriously and stop blocking energy cost subsidies so that companies can finally take advantage of the announced help from EKZ 2,” concluded Egger.

Questions & Contact:

Questions & Contact:
Austrian Economic Association
Matthias Pfeiler, BA
Press spokesman
+43 1 505 47 96
m.pillar@wirtschaftsbund.at

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