According to the Public Employment Service (AMS), there will be a “significantly reduced funding budget” for active labor market policies in 2024. Due to high inflation and the resulting increase in labor costs, the training places had to be “significantly adjusted” in the planning.
“That is mainly because this year the special funds from the Springboard campaign or the Stability Pact expire,” said the AMS. In Tyrol, possibly less resources for the AMS Tyrol in the coming year are already a political and media issue.
criticism from politicians
ÖVP club leader Jakob Wolf and SPÖ club leader Elisabeth Fleischanderl criticized possible cuts in the AMS funding budget on Monday. In the case of an urgent application in the Tyrolean state parliament, the turquoise-green federal government should be asked to refrain from doing so. Wolf and Fleischanderl saw a reduction in funding of approximately 7.3 million euros for AMS Tirol in 2024.
Budget negotiations in late summer
This would also threaten projects aimed at integrating people with disabilities into the labor market. The basis for the AMS subsidy budget for the coming year is determined in the budget negotiations between the various ministries and the Minister of Finance in late summer and early autumn. After that, the AMS board of directors will decide by December on the priorities and the distribution among the federal states.
The active labor market policies of the AMS mainly include the promotion of vocational training and further education, as well as mobility and temporary subsidized employment in commercial companies or social enterprises to facilitate (re)entry into working life.
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.
