Alarming labor market situation: 62,800 jobs lost in industry!

Alarming labor market situation: 62,800 jobs lost in industry!

In the first quarter of 2025, Austria recorded a striking decline in employment in industry and in the trade. According to [vienna.at] (https://www.vienna.at/62-800-weniger-besabes-in-industrie- and-werbe/9456263), the number of employees in this sector decreased by 62,800 people, which corresponds to a decline of 5.7 %. This reduced the total number of employed people in industry and in the trade to 1.05 million.

The continued industrialization has a noticeable impact on the labor market, which is supported by the data from statistics Austria. While the number of employees in industry is falling, the service sector shows a positive development: here the number of employees rose by 67,900 people or 2.1 % to 3.28 million. Despite the challenges in the trade, the total number of workers in Austria remained almost unchanged with 4.44 million.

rising unemployment figures

A worrying factor is the increase in unemployment. According to the international work organization (ILO), a total of 284,300 people in Austria were unemployed and actively looking for work in Austria in the first quarter of 2025. This represents an increase of 10.8 % compared to the previous year, with 27,700 additional unemployed. The unemployment rate that was not seasoned for the season increased by 0.6 percentage points to 6.0 %.

overview of the labor market situation

at the end of March 2025, around 397,000 unemployed people and training participants were registered at the labor market service (AMS). This data underline the urgency of solving problems on the labor market, especially since the AMS does not publish a quarterly data. The Wirtschaftsatlas Austria also offers extensive information about the structure of the Austrian economy, which are structured in 13 subject areas and provide detailed economic indicators.

• The economic atlas comprises more than 270 characteristics and provides data of national and European level.
• In addition, industry -specific summaries are offered that go back by 1995.

The AMS collects data at open places that come from the company's mediation orders. These areas are assigned regionally according to the place of work. Positions available immediately can already be started, while not immediately available positions will be filled in the future. Additional information On the AMS professional lexicon.