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Skilled labor shortage in Austria: Financial expert calls for more red-white-red cards for third-country nationals.
As www.derstandard.de reports, Economic Chamber President Harald Mahrer is calling on the government to take more measures to combat the shortage of skilled workers. He advocates that 50,000 to 70,000 “red-white-red cards” should be issued annually to cover the need for skilled workers. The government, however, plans to issue at least 15,000 such work permits annually by 2027. Analysis of the current situation The demand from Economic Chamber President Harald Mahrer reflects the need to combat the shortage of skilled workers in Austria. With a growing economy and the need for a skilled workforce, it is important to take action to close this gap. The government's planned number of 15,000 annual work permits...
Skilled labor shortage in Austria: Financial expert calls for more red-white-red cards for third-country nationals.
Analysis of the current situation
The demand from Economic Chamber President Harald Mahrer reflects the need to combat the shortage of skilled workers in Austria. With a growing economy and the need for a skilled workforce, it is important to take action to close this gap. However, the government's planned number of 15,000 annual work permits for third-country nationals may not be enough to meet demand.
Potential impact on the market
A lack of skilled labor can lead to shortages in various industries, which in turn could negatively impact productivity and economic growth. Companies may have difficulty filling vacancies, resulting in a slowdown in business operations.
Conclusion
It is crucial that the government, in collaboration with the business community, finds solutions to address the skills shortage. Increasing the number of “red-white-red cards” could be a way to close the gap and ensure Austria’s long-term competitiveness.
Read the source article at www.derstandard.de