Red alarm level: 54% of companies in Austria suffer from a shortage of skilled workers!

Red alarm level: 54% of companies in Austria suffer from a shortage of skilled workers!

In Austria, companies report an alarming increase in unemployment figures, which could have serious consequences for the country's economic structure. According to a survey by the KSV1870 and the Austrian Business Check from March 2025, every second company complains about a lack of workers. This development affects the catering and hotel industry particularly strongly.

consequences of personnel shortages

The most common consequences of the shortage of labor are increasing costs for employee loyalty, high additional loads for the existing workforce and significant loss of sales. Around 54 percent of Austrian companies, of which 23 percent indicate, are particularly affected to be confronted with significant personnel bottlenecks. This problem means that about 70 percent of the companies surveyed do not fully fill vacancies for cost reasons, which further increases the burden for the employees.

Ricardo-José Vybiral, the head of the KSV1870 Holding, warns of long-term competitive disadvantages that could result from this strategy. Only 18 percent of companies have planned to increase their number of employees in the current year. These figures draw a worrying picture for the future development of the labor market in Austria.

Information on the labor market situation

The current situation on the labor market raises questions about long -term economic stability. Companies have to consider how they can remain competitive despite the personnel bottlenecks. Comprehensive information and statistics on the current labor market numbers in Europe are also available on the official website of Eurostat, which can offer additional insights into trends and developments.

It remains to be seen how companies will react to these challenges and what measures are taken to counteract the shortage of labor.