Employment

Vienna is Becoming the Start-up Capital of Austria

Vienna's start-ups generated an added value of 3.9 billion euros in 2021, making it the most popular place in Austria for start-ups. Read more about the start-up environment in Vienna and what it has done for the Austrian economy.

February 9, 2022

Japanese Life Sciences Corporation Invests More Than 100 Million Euros in Vienna

The Japanese life sciences company Takeda Pharmaceutical Company Limited is investing more than 100 million euros in a new building in Seestadt, Vienna. Read about the massive investment and see a picture of what it is supposed to look like upon completion.

November 18, 2021

Vienna's "Traincademy" Uses Modern Simulators and VR for Driver and Rail Jobs Training

The new Traincademy in Vienna offers training courses for train drivers and other rail jobs using modern simulators and VR technology. With some estimating that thousands of rail employees will be needed in the coming years in Austria alone, the Traincademy wants to offer high-quality training to those looking for careers in the industry. Read more about the new Traincademy and the future of the rail industry.

October 13, 2021

AMS to Provide Support as Companies Struggle to Fill Job Vacancies

Austria's public employment service (AMS) announced that it will be supporting companies with the "AMS Business Tour" initiative. Teams from the AMS will help companies in finding personnel, as the latest employment figures from the AMS show that three out of ten job vacancies currently cannot be filled even after three months of searching. Read more about this new initiative and some of the latest numbers from the AMS.

October 11, 2021

Austria Sees Potential Global Economic Leadership

Only recently, the Austrian government has announced a comprehensive location strategy, which should enable Austria to position itself among global economic leaders in some particular segments.

May 10, 2021

Unemployment Decreases: Austria's Economy Trends Upwards

Austria's economy and employment show signs of recovery. The recent unemployment figures show a decline of about 8.7 percent in April compared to the previous month. Compared to last April, which was one of Austria's first months in the midst of the pandemic, this is a decrease of 32 percent.

May 4, 2021

Austria Works on Comeback Plan for Life After Covid-19

Although the Covid-19 crisis might still be very present currently, the Austrian government already tries to prepare for economic reconstruction. Chancellor Sebastian Kurz and Vice-Chancellor Werner Kogler have presented a plan, which comprises the primary goals of increasing employment, digitally and ecologically transforming the economy and improving Austria as a business location.

April 13, 2021

Austrian Unemployment Decreases in March

The number of unemployed Austrians has decreased significantly in March compared to the previous month. About 56,000 fewer people have been reported unemployed, while the number of people in training at the Austrian Arbeitsmarktservice (AMS) has increased. This is likely due to the recent measure, which provides training priorities in areas where there is a particular demand for qualified workers.

April 7, 2021

Austria's Labor Minister Demands More Education and Training Opportunities

At an informal Employment and Social Affairs Council, Austria's Labor Minister Martin Kocher and his EU counterparts were discussing employment and social policies that address the recovery from the current crisis. Kocher emphasizes the need for education and training opportunities, which will proof to be useful for getting back to economic strength.

March 17, 2021

International Women's Day 2021: Gender Pay Gap in Austria Still Significant

Since the International Women's Day is on March 8, Statistics Austria has revealed some data that show the still significant differences between women and men in Austria's workforce. On average, women earn around 14 percent less than men and only 3.8 percent of employed women hold managerial positions, compared to 8.1 percent of employed men.

March 5, 2021

Austria's Unemployment Rate at 11 Percent

Crisis-related unemployment, especially due to the lack of a seasonal start in tourism, has a huge impact on the unemployment rate in Austria at the moment. More than 500,000 people are currently seeking for jobs, which is an increase of more than 63,000 compared to the previous. month.

January 5, 2021

Hahn: European Commission Is Entering Top League of Global Financial Markets

With the issuing of social bonds worth EUR 17 billion, the European Commission tries to safeguard jobs and prevent the economy from collapsing in its member countries. Commission President von der Leyen as well as Austrian EU Budget Commissioner Hahn are pleased by this important step.

October 22, 2020

Austria's Second Amazon Distribution Center Opens in Vienna

Amazon opens its second parcel distribution center in Austria. 120 employees will work in the 7,900 square meter building.

August 20, 2020

Federal Chancellor: "The situation is still serious"

Austrian government presents details of the aid package designed to save jobs and businesses.

March 26, 2020

Voestalpine: Short-time Work in 50 European Subsidiaries

The biggest economic challenge of the past decade represented by the coronavirus pandemic has hit the Austrian technology group Voestalpine hard. Short-time work in Austria and other European countries such as Germany, Belgium and France is unavoidable due to the slump in demand.

March 24, 2020

“No Real Wage Loss This Year“

In terms of real wages, Austria may face a trend reversal this year. In Southeastern Europe, by contrast, poverty is growing considerably.

January 21, 2014

Construction Industry Remains Weak Point of Slovenian Industrial Sector

Slovenia´s industrial sector records a decline in employment and investments. Despite the economic downward trend, the energy sector achieves growing turnover figures.

November 16, 2013

Czech Republic Crawls Out of the Recession

The recession in the Czech Republic comes to an end. Fixed investments are still the main weak point.

November 4, 2013

Hungary: Unemployment Continues Downward Trend

In September, Hungary´s unemployment rate was down by 0.6 percentage points. The number of jobseekers is 8.1% less than in 2012.

November 1, 2013

Czech Unemployment Stable

In the last twelve months, the Czech labor market conditions remained almost unchanged. Employment was up slightly, unemployment was flat.

November 1, 2013

Slovakia: Mixed Employment Situation

In Slovakia, employment fell in the construction industry and in the manufacturing industry. Wages were up in most sectors.

October 11, 2013

Czech Republic: Unemployment Stabilizes

Despite the unfavorable macro-economic frame conditions, the Czech labor market situation is stable. Employment rose by 0.8 percentage points.

October 2, 2013

Hungary: Official Unemployment Rate Below 10%

Hungary´s statistical office KSH has published the newest labor market data today. The real labor market conditions in Hungary are expected to be substantially worse.

September 27, 2013

Poland´s Economic Growth Accelerates

In the second quarter of 2013, the annual growth rate came at 0.8%. Due to combined monetary and fiscal measures, the outlook is positive.

August 17, 2013

Czech Republic: Employment is the Highest Since 1998

The total employment in Q2 2013 increased by 64.9 thousand persons compared to the same period of 2012.

August 5, 2013

Cautious Optimism in Slovakia

The economic outlook for Slovakia brightens slightly. The export-oriented country benefits from the stabilization in the Eurozone.

August 2, 2013

Latvia: Part Time Workers to Improve Employment

As economic growth has recovered, also demand in the labour market is increasing. Unemployed persons traditionally are the source used to increase the number of employed persons.

March 13, 2013

Estonia: Economic Growth Reached 3.2%

According to the second estimates of Statistics Estonia, in 2012 the gross domestic product (GDP) increased by 3.2% compared to the previous year.

March 13, 2013

Estonian Labor Market Records Promising Results

In the 4th quarter the number of job vacancies increased by four percent.

March 8, 2013

Romania: Labor Market Situation Improves Slightly

In January 2013, the seasonally adjusted unemployment rate was estimated at 6.6%, decreasing by 0.1 percentage point as compared to the previous month.

March 2, 2013

Latvia: Unemployment Shrinks Rapidly

Data of the Central Statistical Bureau show that the number of unemployed persons (aged 15-74) in 2012 has diminished by 11.1 thousand.

March 1, 2013

Czech Republic: Unemployment Grows Slightly

In January 2013, the general employment was up by 1.3 percentage points. The unemployment rate came at 7.0% in January.

March 1, 2013

Austria: Record High in People Unemployed

At the end of February, 404,006 persons were seeking for a job. Compared to January this means an increase of 5.3 % or further 16,337 people jobless.

March 1, 2013

Austrian Budget: Pensions as Risk Factor

Until 2017, the additional burden has a size of € 1.0bn, Austrian Minister of Finance Maria Fekter says in an interview with “Presse”.

February 28, 2013

Hungary: Employment Moves Upwards

In November 2012–January 2013, the number of employed people was 3,855 thousand, 39 thousand more than a year ago.

February 27, 2013

Hungary: Government Demonstrates Optimism

Peter Szijjarto, spokesman of Prime Minister Viktor Orban´s party Fidesz, believes that Hungary´s economy will perform well this year.

February 23, 2013

Poland: Economic Slowdown Becomes More Visible

Poland´s economic growth continues to decelerate. Domestic consumption and employment goes down.

February 19, 2013

Latvia: Workforce Grows Moderately

Results of the Labour Force Survey conducted by the Central Statistical Bureau show that, compared to the corresponding period of the previous year, the number of active population (aged 15-74), in the 4th quarter of 2012, has increased by 1.5%.

February 15, 2013

Slovak Economy Is Losing Momentum

Flash estimate of Gross domestic product and Total employment in the fourth quarter of 2012: economic growth and employment are declining.

February 14, 2013

Slovakia: Growing Employment in Most Industrial Sectors

The development of employment and average monthly wage in selected sectors of economy has shown a mixed picture in December 2012.

February 11, 2013

“Not Enough Support for Growth and Competitiveness“

Georg Kapsch, President of the Federation of Austrian Industries criticizes that the EU budget does not contain enough future investments.

February 9, 2013

Austria Records Highest Unemployment of All Times

With 410,000 job-seekers, unemployment has never been higher. Nevertheless, Austria has the lowest unemployment quota in the EU.

February 1, 2013

Czech Unemployment Grows

The total employment in Q4 2012 increased by 31.1 thousand persons compared to the same period of 2011.

February 1, 2013

Slovak National Bank Cuts Economic Forecast

In January 2013, Národná banka Slovenska (NBS) revised the NBS Medium-Term Forecast published in December 2012 (MTF-2012Q4).

January 30, 2013

Hungary: More People in Work than in 2012

In the 4th Quarter 2012, the number of employed people was 3,909 thousand, 58 thousand more than a year ago. The employment rate of both men and women improved.

January 29, 2013

Slovakia: Wages Growing Moderately

In November 2012, compared with November 2011, the average nominal monthly wage increased in most surveyed sectors.

January 11, 2013

Slovakia: Employment Situation Improves Further

In November 2012, compared with November 2011, the employment increased relatively most in selected market services by 11,2 %.

January 11, 2013

Poland: Unemployment Rate Grows Further

At the end of December, Poland´s unemployment quota reached 13.3%.

January 8, 2013

Hungary: 55,000 More People in Work

In September–November 2012, the number of employed people was 3,925 thousand, 55 thousand more than a year ago. The employment rate of both men and women improved.

January 4, 2013

Poland: Government to Focus on Family and Employment

Poland´s Prime Minister Donald Tusk announced that the government aims to create more than 400,000 jobs this year.

January 4, 2013