Ams Headhead Fears Recession During Prolonged Iran War

Die Presse

Lean Right

Factuality

Ownership

If a longer crisis arises as a result of the Iran war, according to AMS leader, one will make head in the labour market policy more. He sees positive effects in the limitation of earnings in unemployment.

vienna.at

Factuality

Ownership

The Iran war currently represents a "genuine, serious situation" for AMS (Austrian Public Employment Service) head Johannes Kopf. "If this crisis lasts a long time, then in my view we will slide deeper into recession again," he said on Saturday in the Ö1 radio program "Journal zu Gast." He added that more measures would then be taken in labor market policy. He did not rule out short-time work – for example, at Austrian Airlines (AUA). Currently,…