Austrian Industry: „Cutting Non-Wage Labor Costs!“

Politics ♦ Published: January 5, 2013; 22:09 ♦ (Vindobona)

The Federation of Austrian Industries (IV) suggests boosting employment by reducing non-wage labor costs.

Austrian Industry: „Cutting Non-Wage Labor Costs!“ / Picture: © IV / Markus Prantl

On the occasion of the publication of Austria´s current labor market data, IV calls for further improving the flexibility of the labor market conditions. “What we need is a quick implementation of optimization measures in order to strengthen the Austrian business and industrial location.” IV says.

Although Austria still records the lowest unemployment quota in the EU and the…