“There will be a few hard years.” With these words, Minister of Finance Markus Marterbauer presented the budget for the 2025 and 2026 last week, which is associated with large savings. Does this also have consequences for vocational training? Monika Sandberger of the Zukunft.ehrre initiative. Austria. Fears backwards.
22,177 students made the High Austria again last year. With 6362 young people in the first year of apprenticeship, the number of beginners fell slightly, but still at a high level – that also approved Doris Hummer. “The internship plays a crucial role in the labor market. It mainly scores with fast start, job security and more and more development opportunities,” said the President of the Chamber of Commerce of the Upper Austria.
But how long can companies develop the training of specialists in the extent they do now? The fact is: the cost pressure on domestic companies is huge: energy, raw materials and staff became more expensive, competitiveness suffered. And now there is also a threat to bring down a financing gap in the financing of the state.
“The companies that invest in tomorrow’s specialists are now in danger of eliminating central support services. This is not only incomprehensible, but also counterproductive,” says Monika Sandberger, director of the future.cehrre.ührre., For Korte Zlö. Nache: “Young people in particular need more security, perspectives and real opportunities than ever.”
In the financing spot there are currently 280 million euros per year
With the promotion of student places, companies are supported by the state to partially dampen the costs for the training. The financing is currently closed by 280 million euros per year. For this year, however, due to increased pupils and higher boarding school costs, a need of 316.5 million euros is expected, and even 330 million euros for 2026. “If financing is not increased, less and fewer companies may afford a training – more young people would then have to switch to inter -company training centers or secondary schools that the state can be able to be significantly higher,” named Sandbar.
According to the Chamber of Commerce of Upper Austria, there were 5243 apprenticeships in Upper Austria last year – from the small family business to the large group. De Schwertberger -Spraying Machine -Builder Only currently trains around 227 students in Austria. “We invest specifically in the next generation specialists – with practical training and international development opportunities. We are responsible for our innovative capacity of tomorrow,” says Boss Stefan English.
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.
