Labor market in transition: Crisis at KTM threatens thousands of jobs!

Labor market in transition: Crisis at KTM threatens thousands of jobs!

Braunau, Österreich - The situation at KTM throws its shadows on the job market. AMS Landes Managing Director Iris Schmidt announced that you are in intensive exchange with the company to cushion the consequences of the crisis. It is currently still unclear how many employees will be affected by layoffs. So that those affected do not fall into the bottom, the AMS plans various foundation models. At the Implacement Foundation, for example, targeted training and further education offers are being developed in order to ensure the ability to work for the participants. AMS and Land would also step in at an insolvency foundation to secure the existence of those affected, as ooe.orf.at reported.

challenges for long -term unemployed

The signs of increased unemployment are already noticeable: in Upper Austria the quota is currently 6 percent. Even though the shortage of labor still prevails in many places. According to Labor and Economic Minister Martin Kocher, 341,000 people in Austria are unemployed in 2023 or in AMS programs. Despite the overall economic weakness, around 108,000 jobs are open, which is an unexpected chance for long -term unemployed. To support this group, the government is planning a reform of the combination of the combination that has existed since 2006. This will help the long-term unemployed to enter the labor market more easily by creating financial incentives, such as diepresse.com

From June 1st, a new model applies that only provides for the right to aid from 30 hours a week. At the same time, unemployment benefit is increased by 55 percent, which should be important motivation aid for many. People with health restrictions can receive funding from the first day. This should not only make it easier to enter the labor market, but also to aim for a gradual return to full -time work. Overall, it remains to be seen to what extent the interplay of crisis at KTM and the reforms of the labor market will influence the employment situation.