Austrian Employment Growing Moderately Until 2016

Politics ♦ Published: September 25, 2012; 22:13 ♦ (Vindobona)

The Austrian economic research institute WIFO forecasts that 173,000 new jobs will be created until 2016.

Austrian Employment Growing Moderately Until 2016 / Picture: © Vindobona.org

The average employment growth rate per year comes at 0.9%, WIFO says. Until 2016, the number of jobs will grow to 3.4 million. About two thirds of the additional jobs will be occupied by women, the institute says.

A substantial part of the additional jobs are only part-time jobs, however. Moreover, the temporary work segment is expected to expand significantly. The most important…