Austrian Chamber of Labour: EUR 315 Million Could Create 75,000 Jobs

OrganizationsOther ♦ Published: August 18, 2020; 22:20 ♦ (Vindobona)

According to an expert of the AK Austrian Chamber of Labour, 75,000 jobs can be created with the spending of EUR 315 million. This might be worth a thought in an economic challenging situation due to Covid-19.

The headquarters of the Austrian Federal Chamber of Labour hosts experts discussing ideas on how to decrease the currently high unemployment rate. / Picture: © Wikimedia Commons / Robert Heilinger / CC BY-SA (

The Austrian economy and job market is struggling in the presence of the Covid-19 pandemic.

Similar to the rest of the world, Covid-19 is responsible for numerous job losses, a decline in economic prosperity and overall wealth.

Countries have not shied away from massive spendings in order to prevent a total collapse of the domestic economy. …