Martin Kocher
Deadline for Austrian "Reemployment Promise" Gets Extended
To further support the hard hit Austrian economy, the Minister of Labor and Minister of Tourism have decided to extend the deadline for the so-called "reemployment promise". This allows employers to lay off their employees and agreeing to re-hire them, once the sector is allowed to open up again. The affected employees receives unemployment benefits without any placement activities by the Austrian Arbeitsmarktservice.
February 15, 2021
Austria Has New Federal Minister for Labor
After the resignation of Susanne Aschbacher as Federal Minister for Labor, Chancellor Kurz has presented her successor. Martin Kocher, Professor of Behavioral Economics and Director of the Institute for Advanced Studies (IHS) will take over the Federal Minister position as an independent expert.
January 11, 2021
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