Rise in Unemployment at Construction Industry Expected

IndustrialsConstruction ♦ Published: February 1, 2012; 15:43 ♦ (Vindobona)

Due to the worse economic forecasts, the trade union expects more unemployed persons in the construction industry.

Rise in Unemployment at Construction Industry Expected / Picture: © Vindobona.org

The Austrian trade unions (ÖGB) expect that the economic situation and the labor market conditions will further deteriorate. Again, the construction industry counted more than 70,000 unemployed workers.“ The most important aspect is that unemployment remains seasonal and does not become permanent. Moreover, ÖGB forecasts a strong rise in illegal employment in the construction…