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High living costs may drive workers away

High living costs may drive workers away

Episode Info

Show: Your Luxembourg News

 

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Your Luxembourg News
Your Luxembourg News
High living costs may drive workers away
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A government-commissioned talent report warns that high housing costs and falling real incomes could weaken Luxembourg’s ability to retain skilled workers. Nearly 62 percent of new workers intend to stay longer, but non-European Union nationals report lower job satisfaction and weaker career prospects.

National rail operator CFL carried more than 31 million passengers last year, a new record. Revenue rose by almost 8 percent, while net income reached €35.3 million.

The government has rejected funding for a proposed pedestrian and cycling bridge near Schengen, saying the existing bridge already serves cross-border connections.

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