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38 companies put workers on reduced hours
Economics

38 companies put workers on reduced hours

28.11.2013 From our online archive
In November, some 41 companies applied to place workers under partial unemployment, with 38 requests granted by the Luxembourg state and over 1,800 workers affected by reduced hours.

(CS) In November, some 41 companies applied to place workers under partial unemployment, with 38 requests granted by the Luxembourg state and over 1,800 workers affected by reduced hours.

The so-called “comité de conjoncture” met on Thursday, announcing that 1,819 workers in Luxembourg will be placed under partial unemployment starting December. The 38 companies affected employ 3,293 workers in total.

Compared to the month before, there was an increase of four applications and an additional three requests were granted.

However, the number of workers concerned was lower, with 1,932 employees affected last month.

Under partial unemployment, working hours are reduced to lower company costs, with the state compensating workers for the wages lost.

The next meeting of the economic committee will take place on December 18, possibly under a new leadership, depending on the future government.

The labour minister chairs the committee. This post is currently occupied by Nicolas Schmit, who could continue in this role, as he is a member of the LSAP.