Politics

Income Report: Workers' Wages Fell in Real Terms

Published: December 24, 2010; 00:05 · (Vindobona)

In its income report, the Audit Court presents the evolution of the income of the Austrians. Increasing differences can be identified.

Income Report: Workers' Wages Fell in Real Terms / Picture: © Wikimedia Commons / Alfred T. Palmer [Public Domain]

Income differences are growing noticeably in Austria, according to the results from the Court's report for the years 2008 and 2009. While officials with a € 48,000 annual income achieve an average of three times the income of a worker, they lose in real income too. In the last ten years the average inflation-adjusted income of a worker has dropped to 91% of the initial level. The…

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Income Report: Workers' Wages Fell in Real Terms

In its income report, the Audit Court presents the evolution of the income of the Austrians. Increasing differences can be identified.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.