Employment

Austria's Labor Costs above EU Average

An hour of work costs an Austrian employer an average € 28.00 - six euro more than the EU average.

April 13, 2011

No Rush Expected on the Labor Market after the End of the Transitional Periods

After 30 April 2011, an additional access to the Austrian labor market of about 11,500-16,500 people annually from Hungary, the Czech Republic and Slovakia is expected.

April 12, 2011

Leitl: "Austria is Very Well Positioned for the Opening of the Labor Market"

Experts estimate immigration potential to be between 15,000 to 25,000 people; gains from migration for Austria, as from 1 May, about € 900m.

April 8, 2011

Tough Collective Bargaining in the Electrical Industry

The second round of collective bargaining in Austria's electrical industry had to be interrupted. About 50,000 workers are affected.

April 6, 2011

Green Jobs are Booming in Austria

Environmental production and services sector defies the crisis – 2009 employment increases by 3.7%.

April 5, 2011

Austria's Unemployment Continues to Fall

Unemployment decreased in March by 5.2%. The number of participants in training courses is also falling.

April 2, 2011

Austrian Unemployment Shrinks Further

Increase in jobs and decrease in unemployment in the fourth quarter of 2010; job market relief in 2010 compared to 2009

March 25, 2011

Collective Contracts: Wage Increase of 2.95% for 130,000 Construction Workers

In the current collective negotiation rounds, the construction union managed to get the so far highest wage increase. The paper-manufacturing industry agreed on an increase of 2.4%.

March 24, 2011 · Updated: March 24, 2011; 00:31

300,000 Austrians in Poverty despite Working

The term "working poor" is an established fact in Austria. Full 6% of full-time employees are in poverty.

March 22, 2011

Employment Reduction in Austrian Manufacturing Industry

The number of workers in the manufacturing industry fell by 3.2% in 2010. Moreover, there was a massive reduction in the demand for temporary workers.

March 16, 2011

2.7% Economic Growth Due to Exports

Austria's GDP increased compared with the previous year by 2.7%, stimulated mainly by exports and material goods production.

March 11, 2011

Hardly any Effects Expected by Labor Market Opening

As of May 1, 2011, the citizens of the countries which joined the EU in 2004 will be able to work in Austria without any restrictions. The effects should be kept within certain limits.

March 4, 2011

Mitterlehner: "Companies are Taking On More Apprentices Again"

The Austrian Minister of Economy sees positive developments on the labor and apprenticeship market. The promotion of apprenticeships has proved to be successful.

March 2, 2011

Unemployment: Austria has Top-Position Among EU27

EU27 area unemployment rate at 9.9%, Austrian unemployment rate amounts to 4.3%. National youth unemployment is below the average too.

March 2, 2011

Vacancies in Austria up by 64%

78,900 job vacancies in the fourth quarter 2010, an annual percentage change of +64%.

February 17, 2011

Industrial Activity: Styria above Austrian Average

The economic barometer of the Styrian manufacturing industry is above the average of the federal provinces for the fourth consecutive year. Optimism for 2011 is increasing.

February 15, 2011

Austrian Unemployment Shrinks

The unemployment rate (Austrian standard) decreased from 8.9% in January 2010 to 8.5% in January 2011.

February 12, 2011

AMS Reports 2010 Vacancies Record

In 2010, 404,733 vacancies were reported, representing an increase of 50,575 jobs over 2009.

February 5, 2011

Manufacturing Industry on the Rise

The economic barometer of the Federation of Austrian Industries (IV) grows. Production increase and stable employment are expected.

February 4, 2011

Declining Unemployment in Austria

Uunemployment could be reduced by 4.3% even in the traditionally for the labor market difficult winter months.

February 2, 2011

Strong Increase of Industrial Growth at the Beginning of the Year

The Bank Austria Purchasing Managers Index shows a strong increase in production in January 2011 due to accelerated order growth.

January 29, 2011

Austria's Growth Remains Dependent on Exports

The Austrian GDP will grow in real terms, according to WIFO, at an annual average of 2.2% per year between 2011-2015. The unemployment rate is expected to stagnate.

January 25, 2011

voestalpine: Increased Employee Participation Possible

For the CEO of the Austrian steel group, Wolfgang Eder, the increase of the participation from the current 13.3% to around 16% is envisaged.

January 21, 2011

AMS Expects Marked Relaxation of the Labor Market by 2013

The Arbeitsmarktservice (AMS, Labor Market Service) foresees a significant increase in labor supply on the Austrian labor market. Unemployment will stagnate.

January 15, 2011

Only Slight Increase in Austrian Minimum Wages

Index of Agreed Minimum Wages 2010: low increase due to economic crisis.

January 15, 2011

WKÖ endorses policy of the European Commission

The Austrian Economic Chamber welcomes the focus of the EU Commission on structural reforms, consolidation of public finances and competitiveness.

January 13, 2011

Recovery in Austria´s Labor Market Continues

The domestic labor market´s data for 2010 were better than expected. The number of job-seekers declined by 3.7%

January 8, 2011

Austrian SME as a Source of Innovation

Austria's small and medium enterprises are, according to the Small and Medium-Sized Business report, the main driver for innovations.

January 7, 2011

Downward Trend of Austrian Unemployment

Unemployment trend: Flash estimates for the fourth quarter of 2010 show an unemployment rate of 4.1%.

January 5, 2011

Social Justice shows High Levels in Austria

The Bertelsmann Foundation released a study on social justice issues in OECD countries. Austria is located among the top third.

January 4, 2011

Leitl Urges Implementation of Reform Plans

The President of the Austrian Economic Chamber shows himself pleased by the economic data 2010 and urges the continuation of educational and administrative reforms.

January 3, 2011

Experts: No Failures in the Austrian Labor Market

The last hurdles for the new EU-members to enter the Austrian labor market will fall in May 2011. However, even the unions has no concerns.

January 3, 2011

Austrian Unemployment Further Declines

Unemployment numbers go down specifically in the production sector. Long-term unemployment also declines over average.

January 2, 2011

Austrian Industry Remains on Growth Course

Bank Austria Purchasing Managers’ Index down slightly in November, but strong growth persists. Order intake increased as well as employment.

January 1, 2011

Illegal Employment Grows

One of four Austrian firms employs illegal workers from abroad.

December 29, 2010

Chamber of Labor Calls for a More Equitable Distribution

Corporate profits on one hand and reduced working hours, dismissals and wage cuts on the other, are not compatible for the Chamber of Labor.

December 28, 2010

Income Report: Workers' Wages Fell in Real Terms

In its income report, the Audit Court presents the evolution of the income of the Austrians. Increasing differences can be identified.

December 24, 2010

Above-Average Labor Market Data for Austria

Compared with Europe, there are relatively a lot of people of working age employed in Austria. The proportion of unemployed is also low.

December 21, 2010

Bank Austria´s Economic Analysis: 2% Growth in 2011

The analysis of the Austrian economy forecasts a strong recovery. Improvements in the labour market will continue, but the positive trend weakens.

December 16, 2010

More Employees in Austria, Purchasing Power and Taxes Remain High.

Austria records an employment increase of 1.2%. Purchasing power and taxes are above the international average.

December 15, 2010

Changes in Trend for the Austrian Labor Market

Imminent job cuts because of the uncertain business development.

December 13, 2010

WIFO: Austrian Manufacturing Industry in Good Position

The economic recovery driven by exports and the manufacturing industry continued in the fall: the GDP grew 2.4% over the previous year in the third quarter.

December 10, 2010

Unemployment Continued to Decline in November

Both the number of unemployed and trainees show a decline.

December 1, 2010

Europe's Public Debt and Unemployment Remain High

Austrian Institute of Economic Research: The revival of the EU states, driven by expansionary economic policies and export growth, is ebbing.

November 25, 2010

AMS: Temporary Employment Will Continue to Rise

The Chairman of the Board of the AMS (Public Employment Service), Johannes Kopf, believes that the international trend of increasing temporary employment will also take root in Austria.

November 24, 2010

Job Dissatisfaction Rises Dramatically

Austrians show themselves increasingly dissatisfied with their work. The current working climate index is at its lowest level in four years.

November 22, 2010

AE&E: Staff asks for continuity concept

The staff of A-Tec's subsidiary AE&E (Austrian Energy & Environment) call on the negotiators in the restructuring process to ensure continuity.

November 17, 2010

High Demand for Minimum Benefit

In the first month after the introduction of the minimum benefit already 14,500 applications have been submitted. A significantly lower demand had been expected.

November 15, 2010

Erste Group: Job Reduction in Hungary

The Austrian bank plans to cut 250 jobs in Hungary. Reasons are the bad loans and the introduction of the bank tax.

November 11, 2010

Fast Growth in Temporary Employment

The demand for temporary workers has increased strongly on the Austrian labor market strong, reaching almost the level before the economic crisis.

November 9, 2010
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