More and more Styrian employees are shortening their working hours. According to calculations by the Chamber of Commerce, there is a risk of an additional staff shortage of 50,610 jobs in Styria alone in 2040.
The trend towards part-time work is not continuing: the share of women has risen since 2004 from 39 to 51.2 percent and that of men from 3.7 to 11.1 percent. A development that business leaders have been complaining about for a long time.
The Chamber of Commerce is also concerned, although: “We are not talking about parents who take care of their children or family members, but about boys who often do not have the incentive to work full-time,” says chairman Josef Herk. that more employees work fewer hours in total than a few years ago.
Manufacturing and public services hardest hit
With a wave of retirements rolling in at the same time, according to calculations by the research institutes Synthesis and Wifo, Styria threatens to face an additional staff shortage of 50,610 jobs by 2040 – mainly in the areas of production, public services, trade and health. As a result, Styria’s economic output could fall by nine percent and the state budget could miss 3.5 billion euros in revenue, according to the gloomy forecast.
The House is therefore calling for a bonus for full-time employees. The ideas vary from a surcharge of 800 euros to a reduction in income tax rates. Of course, politicians must implement this.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
