Austria's economy at a standstill: new opportunities despite decline!

Austria's economy at a standstill: new opportunities despite decline!

Vienna, Österreich - In 2024, the number of open positions in Austria decreased by 16 percent, as Statistics Austria published. The "open position quota", which measures the proportion of unoccupied places in all available jobs, was on average four percent. Employers were particularly sought in retail and in the service sector, where 57.5 percent of all advertised positions were found. The number of open spots in the public and social area, on the other hand, remained relatively stable. In the same year, the average gross salary rose significantly for many full -time positions - from 15.6 percent of the positions that offered more than 3,100 euros per month, this value rose to 21.7 percent href = "https://www.diepresse.com/19142279/Statistik-austria-chef-mit-duesterem-fazit-in-sten-fuenf-jahren-ster-wohnste--

At the same time, the Austrian economy remains in a critical situation. The past five years have significantly reduced the country's prosperity, and the economy shrank the sixth quarter in a row. In particular, industry recorded a decline in sales, while some areas such as housing and public administration had moderate growth. The core inflation is still above the two percent mark. Despite all of these challenges, a slight optimism of the OECD predicts for 2025, which predicts growth of 1.1 percent for Austria. But the prospects remain dark because unemployment, especially in the battered industry, is expected to increase. The electricity price damper, which has recently mitigated inflation, will also be eliminated at the end of the year, which could also exacerbate the situation, as vienna.at