Many of the concerns that plagued the construction sector before the collective leave period have not disappeared. Only days before companies took their three weeks off, employers’ representatives warned that more bankruptcies are to be expected, particularly since the heightened interest rates have curbed the number of construction projects.
In the eyes of employers’ representatives, the government’s announced aids will be insufficient.
Unions have a somewhat different perspective on things, however. The Independent Luxembourg Trade Union Confederation (OGBL), for instance, believes that the biggest issue is an overly small workforce unable to cope with the demand for new housing.
Unions and employers are currently negotiating the possibility of a new collective contract, but talks are said to be moving slowly. About 20,000 people are working in the construction sector.
