Sponsored Content
After Discussions in Austria: IHS and WIFO Against Statutory Reduction of Working Hours
Sponsored Content
Austrian economic research institutes IHS and WIFO are both against a reduction of working hours. According to the experts, training and retraining for the unemployed would be better approaches.

In the debate on a statutory reduction in working hours, the Austrian Institute of Economic Research (WIFO) and the Institute for Advanced Studies (IHS) are against such a reduction.
They consider investments in training and retraining for the unemployed to be more sensible, Austrian newspaper "Die Presse" reported. A reduction in working hours is not a suitable means of reducing unemployment.
After all, "in individual cases it can make sense," said Martin Kocher, head of the Institute for Advanced Studies. "But in general, I don't think it is a tool that is particularly helpful to us now in the crisis."
Higher costs would be incurred by the companies. …
or Log In
Sponsored Content
Sponsored Content
Sponsored Content
Fast News Search
Related News
Harald Mahrer Remains Austrian Federal Economic Chamber President for Another Five Years (June 26, 2020)
Federation of Industries Warns Against Wrong Location Policy Decisions (September 20, 2019)
Vienna Chamber of Commerce Opened New Headquarters (May 20, 2019)
Sponsored Content
Read More
Featured