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Austria - Lockdown and employment support - November 30, 2020

The economy grew by 11.1% quarter-on-quarter in the third quarter, which is still 5.3% below last year’s level. The government has decided to support the labour market and businesses by granting affected businesses compensation up to 80% of the revenue in the same month of last year. The payment of this compensation is bound to the condition that no employee is made redundant. Additionally, the short-time work scheme has been adjusted and extended until the end of March 2021.

Read on: in English ...

For more information, please contact Paul de Beer or Oana Ciuca or Sjaak van der Velden, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org.
For previous full issues of the Collective bargaining newsletter please visit www.etui.org/E-Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.

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