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Employment
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
“We Must Work Until 70”
In an interview with the Austrian news magazine “Standard”, the pension expert Christopher Prinz explains that an increase of the retirement age is inevitable.
January 2, 2013
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Austria: Unemployment Rate Up Significantly
The stagnation remains a burden for the Austrian labor market. In December, the number of job-seekers was up by 6.9%.
January 2, 2013
Serbia: Labor Market Still Tensioned
The official unemployment quota decreased slightly. In the last twelve months, the employment situation has improved.
December 28, 2012
Austrian Economy: IHS and WIFO Cautiously Optimistic
The two Austrian economic research institutes anticipate an economic recovery in the second half of 2013.
December 21, 2012
Labor Costs: Highest Increases in Estonia and Romania
Euro area hourly labour costs rose by 2.0%. In the EU27, labour costs were up by 1.9%.
December 17, 2012
Bulgarian Labor Market: Participation Rate Grows
A repeated Eurozone recession could additionally deteriorate the state of employment, Raiffeisen Research says.
December 15, 2012
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Bulgaria: „The pace of economic growth is sustained“
The domestic demand compensates for the deceleration in export, Raiffeisen Research says.
December 14, 2012
Hungary Resolves 2013 Budget
Today, Hungary´s Parliament approved the budget for 2013, which contains a number of tax increases. According to critics, the budget will not hold.
December 12, 2012
Slovakia: Real Wages Decline in Selected Industries
Today, the Slovak Statistical Office published data on employment and average monthly wage in selected sectors of economy in October 2012.
December 11, 2012
Czech Unemployment on the Rise
In November, the Czech unemployment quota reached 8.7% after 8.5% in the previous month.
December 10, 2012
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