Vienna fights against record unemployment: Politics announce measures!

Vienna fights against record unemployment: Politics announce measures!

In a meeting of the Vienna municipal council on April 23, 2025, which took place in the middle of persistent economic challenges, the "progress coalition" under the leadership of GR Mag. (FH) Jörg Konrad (Neos) put the importance of stability and security for the Viennese population. This coalition was formed during the Corona pandemic at a time when unemployment in Austria increased by 35%, while the increase in Vienna was lower. Through initiatives such as the Viennese workers funding funds (WAFF), numerous measures for job security and training were taken.

In October 2022, the unemployment rate in Vienna fell below the level of 2020, but this positive trend was interrupted by the war in Ukraine, which has been in Ukraine, which has been in rising unemployment since 2023. With a record of 930,000 dependent employees, Vienna has had an employment growth of around 133,000 additional employment relationships since 2010, which corresponds to an increase of 17.5%. However, these positive developments were accompanied by the highest unemployment rate in Austria, which was 11.8% in 2024, such as GR Dipl.-Ing. Martin Margulies (Greens) noticed. The financial forecasts for the city are also worrying: a deficit of 1.7 billion euros is expected for 2024 and 3.8 billion euros for 2025

economic measures and challenges

Mayor Michael Ludwig announced savings of 500 million euros for the years 2024 and 2025. Grin Margarete Kriz-Rüt-Kovits (ÖVP) emphasized the added value by Viennese entrepreneurs and called for greater efforts to actively combat base unemployment. Despite the economic challenges, Vienna managed a total of 10,048 new start -ups in 2024 and had 2,705 bankruptcies. These numbers indicate a dynamic economy, but the challenges remain. Gr Maximilian Krauss, MA (FPÖ), described the labor market situation as "dramatic" and criticized the previous federal government and its budget policy.

The positive economic forecast for Vienna contrasts with negative development tendencies in other federal states. The service sector and the creative scene are motor drivers for economic growth, which also noted GR MAG. Manfred Juraczka (ÖVP). However, he expressed concern about the labor market situation. In parallel to the economic dynamics, GR Dr. Kurt falls (SPÖ) that grants are crucial for growth and stability.

shortage of skilled workers and the future growth

An in -depth analysis of the current shortage of skilled workers showed that companies in Vienna have increasingly difficulty occupying vacancies. This situation could indicate an upcoming shortage of skilled workers. Forecasts of the WIFO expect employment growth of around 65,000 additional employment relationships, mainly in the service sector. Vienna could be the only federal state with an increasing employee by 2030, with projects being initiated to improve the data situation on the specialist situation.

In addition, the city plans programs to support the energy and heat transition, which will probably increase the need for workers. These developments are particularly important because the demographic location of the Viennese labor market, including a commuter balance of around 172,000, is significantly determined by the influx of people from Eastern European EU countries.

Overall, Vienna faces a time of great economic and social challenges. It remains to be seen how the current measures of the city, in particular with regard to the labor market and the specialist situation, will contribute to long -term stability and security for the Viennese population.