SPÖ-Muchitsch: 400,000 unemployed are an alarm signal for a weakening economy

2024-01-02 10:43:06

SPÖ calls for measures once morest inflation, capped interest rates for construction and measures once morest youth unemployment

Vienna (OTS/SK) – “The recent rise in unemployment to 400,000 people should be an alarm signal that Austria’s economy is massively weakening. In any case, it is not an opportunity for whitewashing and appeasement by the Minister of Labor and Economic Affairs. ‘Close your eyes and go through’ – that’s not what it’s regarding given the gloomy prospects for 2024,” says SPÖ social spokesman Josef Muchitsch. “The construction economic engine is sputtering. We need capped interest rates and fresh money from a housing investment bank,” he demands. He is also particularly concerned regarding rising youth unemployment. New forms of training are also needed here, such as paid nursing training, as proposed by SPÖ boss Andreas Babler. ****

“The beginning of the year should be a time of good resolutions and positive outlooks. Turquoise-green certainly lacks any sense of optimism. “Where are the federal government’s plans for the labor market and economic recovery?” asks Muchitsch.

The SPÖ has been demanding for years that inflation be curbed through price-cutting measures because high inflation has a negative impact on all areas – production costs, interest rates, consumption, reminds Muchitsch. Targeted measures for the construction sector are also necessary: ​​“Above all, we need a cap on interest rates when financing social housing and private homes.”

Turquoise-Green is also lacking ideas in labor market policy: “The government should take up our concept of properly paid nursing training with 2,300 euros gross for trainees. This would make nursing training more attractive for young people, which would have massively positive effects both in terms of labor market policy and for the future of nursing,” says the SPÖ social spokesman. (End) ah/bj

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