Labour market & qualification in the Austrian partner regions
Austria boasts favourable unemployment figures even in times of international economic crisis. A comparison of EU data over a time horizon from 2000 to 2010 shows that Austria is among the top performers with an average unemployment rate of 4.7%.
Vienna. In Vienna, enterprises particularly appreciate the high-quality training system and large pool of highly qualified workers. More than 20% of all employees in Vienna are active in the technology sector. Vienna’s average unemployment rate is traditionally above the national average but tends to be significantly lower compared to other European metropolises. At the peak of the international financial crisis, the unemployment rate grew less significantly than in other federal provinces and comparable EU cities. Unemployment remains relatively stable in Vienna.
Lower Austria. Lower Austria’s unemployment rate corresponds to the Austrian average and is low compared to other European regions. The overall level of employment is, however, on the rise. Lower Austria has a high number of commuters working in other Austrian provinces or abroad but also provides jobs for numerous commuters from other federal provinces of Austria. Since the early 1990s, cross-border commuters have benefited from opportunities to work in neighbouring regions of Lower Austria.
Burgenland. Over the past ten years, Burgenland has successfully managed a development leap by becoming a modern, internationally networked region, completed a structural change towards independent business units in production and service and established innovative, future-oriented technologies. The result are rising employment figures and decreasing unemployment. Subsidies are used strategically and to support projects and entrepreneurs who strengthen rural areas and create long-term employment. Moreover, new job profiles in tourism as well as in all service sectors of the economy and social service management have laid the basis for a rising number of workplaces for commuters. A good example is a special training course for guest relations managers, whose task lies offering guests of Burgenland‘s spa and health facilities a range of high-quality and comprehensive services.