Employment Benefits from High Growth Dynamics

BusinessEconomy ♦ Published: June 5, 2012; 09:40 ♦ (Vindobona)

The encouraging growth trends provided a very welcome boost to employment in the Austrian federal provinces. The construction industry stabilises.

Employment on average rose by 1.8 percent in 2011, and even by 2.3 percent in Vorarlberg, which topped the growth charts. This upwards trend was sustained all through the first quarter of 2012. "2011 was the year of employment records – in eight of the nine federal provinces, new records were attained thanks to the strong employment growth in services and the moderate rises in…