Job retention plus well-compensated short-time work is better for employers as well as employees than redundancy. Maybe after the crisis we can reopen the debate about working time.
About Matthias Schnetzer, Dennis Tamesberger and Simon Theurl
Matthias Schnetzer is an economist at the Vienna Chamber of Labour and lecturer at the Vienna University of Economics and Business. Dennis Tamesberger is a labour-market expert at the Upper Austrian Chamber of Labour; he blogs at Arbeit und Wirtschaft (A&W) and is co-editor of the Journal for Societal Progress—Momentum Quarterly. Simon Theurl is a labour-market expert at the Chamber of Labour in Vienna and blogs at A&W; he is chair of Beirat für wirtschafts- und umweltpolitische Alternativen (BEIGEWUM).