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Labor Market in Austria 2024: Number of Vacancies Significantly Decreased
The Austrian labor market is facing an apparent contradiction: while companies are complaining about an acute shortage of skilled workers, vacancies fell significantly in 2024. Rising unemployment figures meet unfilled positions, and many industries are struggling with economic uncertainties. What is behind this development?
In 2024, Austria recorded a significant decline in job vacancies. / Picture: © Pedro Szekely from Los Angeles, USA, CC BY-SA 2.0 , via Wikimedia Commons
The number of job vacancies in Austria fell significantly in 2024 compared to the previous year. According to the latest figures from Statistics Austria, companies reported an annual average of 173,800 vacancies. This corresponds to a decrease of 15.8 percent compared to 2023. Despite this decline, the shortage of skilled workers remains a key problem for the Austrian…
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