Loss of purchasing power in wages and salaries stopped for the time being

Linz (OTS) –

The energy price and profit-driven inflation of the last few years and the associated failure of the state and federal government have cost Austria’s employees purchasing power. The collective agreement wage and salary policy is based on the inflation of the previous year plus productivity. From 2024 onwards, the loss of purchasing power and the inflationary redistribution process will be stopped. However, many still suffer from the massive increase in the cost of living. In one

press conference
on Monday, September 23rd, 11 a.m

in the Linz Chamber of Labor, Volksgartenstraße 40, 4020 Linz, seminar room 3, 5th floorwe present to you under the title

Loss of purchasing power in wages and salaries stopped for the time being

Data and facts on the current income development in (Upper) Austria and our suggestions for a policy that will make life more affordable for everyone again. You are available as a conversation partner AK President Andreas Stangl and Mag.a Bettina Csoka from the AK Department for Economic, Social and Social Policy. We look forward to welcoming you to the press conference.