Decreasing Importance of Blue Collar Worker´s Income

BusinessEconomy ♦ Published: November 2, 2011; 21:50 ♦ (Vindobona)

The share of wages in employed income decreases. The difference between blue collar and white collar workers further goes up.

Dependent income in Austria shifts increasingly towards income from white collar workers. When the number of white collar workers in the Austrian industry remained stable between 2000 and 2010, the number of blue collar workers went down in the same period of time. This is due to a shift in demand for high skilled labor.

Besides this, real wages and real salaries are beyond the…