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Austrian Industry Calls for Flexibilization of Short-Time Work

Published: December 4, 2012; 18:09 · (Vindobona)

Austrian businesses expect that short-time work may return. Three years ago, the

Austrian Industry Calls for Flexibilization of Short-Time Work / Picture: © Flickr

In the last months, economic forecasts for Austria had to be revised several times. The third quarter even showed negative growth rates. Another recession is not unlikely, economists say. Now, the Austrian industrial sector hopes that short-time work may be implemented quicker than in the past.

This week, the Austrian Parliament resolved a new Working Hours Law. Georg Kapsch,…

This article includes a total of 225 words.

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