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Shortage of Skilled Labor in Medium-sized Enterprises

Published: January 26, 2011; 00:06 · (Vindobona)

According to a report by Ernst & Young, the growth of two out of every three Austrian companies is hindered by the lack of qualified personal.

Shortage of Skilled Labor in Medium-sized Enterprises / Picture: © Flickr

The optimism in Austrian SMEs is relatively strong and has reached a new high since January 2008. The expectations regarding the economic situation are also great. In the survey of 900 companies made in December 2010, 61% indicated their business situation as "good". Only 50% had that view in July 2010.

Nevertheless, the outlook is clouded. The consultancy firm Ernst & Young…

This article includes a total of 222 words.

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