Above-Average Labor Market Data for Austria

Politics ♦ Published: December 21, 2010; 13:31 ♦ (Vindobona)

Compared with Europe, there are relatively a lot of people of working age employed in Austria. The proportion of unemployed is also low.

Above-Average Labor Market Data for Austria / Picture: © Wikimedia Commons / Jack Georges [Public Domain]

According to a WIFO study, Austria shows a slightly above-average employment rate and a relatively small proportion of unemployed in comparison with eight European countries (Belgium, Denmark, Finland, Germany, Great Britain, the  Netherlands, Slovenia and Sweden). At the same time the proportion of inactive persons is slightly above average. In 2008, 72.1% of the 15- to 64-year-old…