Pressure on Medium Income Earners Rising

BusinessEconomy ♦ Published: April 28, 2012; 16:04 ♦ (Vindobona)

The Austrian Chamber of Labor warns that the number of people who do not get by with their income anymore rose to 60%.

Pressure on Medium Income Earners Rising / Picture: ©

According to the Austrian Chamber of Labor (AK), precarious employment is increasing considerable. Especially medium-income earners are under enormous pressure, AK warns.  AK presents a study showing that already 60% of the employed persons do not earn enough anymore or who barely earn enough to cover their costs. Last year, the percentage of this group reached 54%.