• croatiantimes.com
• romaniantimes.at
• salzburgtimes.at
• viennatimes.at
• austrianindependent.com

Today

• Vienna - Johnny\'s Pub Quiz
• Vienna - Unknown Underground
• Vienna - Cats
• Vienna - Andy Warhol
• Vienna - Laser Tag

© europics.at

17. 12. 09. - 16:00

• more Business news
• RSS Feed Business

17. 12. 09. - 16:00

Labour market worsens

By David Rogers

Austrian labour market conditions worsened in the third quarter of 2009 with fewer jobs and more employees in part-time work, according to figures released today (Thurs).

Statistik Austria reported that the number of employees in part-time work had climbed to 51,400 in the third quarter as the number of fully-employed people dropped by 70,400 compared to the same quarter last year.

The number of people with jobs dropped 19,000 year on year to 4,119,000 in the quarter, the agency said.

The rate of unemployment at the end of the third quarter was 5.1 per cent, compared to 3.7 per cent a year earlier, leaving 221,800 people unemployed at the end of September 2009. The increase mainly affected men, younger age workers, foreigners and people looking for their first job, the agency said.

The rate of unemployment at the end of the third quarter was highest in Vienna - 8.2 per cent - and lowest in Salzburg - 2.9 per cent, it added.

Statistik Austria noted that the decline of jobs varied considerably according to the sector in question. While there were 61,800 more jobs in the services sector at the end of the third quarter compared to the same time last year, there were 74,300 fewer jobs in industry and trade and 6,600 fewer jobs in agriculture.

The number of hours of overtime worked in the third quarter was 78 million, seven million fewer than in the same quarter last year, the agency reported.

The agency painted a rather sombre picture, but things may get worse before they get better in the labour market since more than one in ten Austrian companies is planning lay-offs in the first three months of next year, according to a new survey.

Erich Pichorner, CEO of personnel-service provider Manpower, which questioned 751 recruitment departments’ chiefs for its study, said earlier this month that 12 per cent of firms planned to sack staff in the first three months of 2010. He added, however, that 11 per cent planned to take on additional staff in the first quarter of next year.

The Manpower CEO said the energy sector and public services were currently the job market’s "engines".

Austrian Times

Related articles: crisis

1. Austrian economy recovers, says OECD

   » Business 2012-05-23

   The Austrian economy will manage to grow by nearly one per cent this year, according to the Organisation for Economic Co-operation and Development (OECD).

2. AUA rules out Whitsun travel chaos

   » Business 2012-05-23

   The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

3. Pröll outpaces friends and foes in capability check

   » General News 2012-05-23

   Austria’s longest-serving governor has been identified as the most capable one in the opinion of citizens.

more related articles tagged "crisis"

AUA rules out Whitsun travel chaos
The current conflict with the works committee does not negatively affect Austrian Airlines’ (AUA) booking figures, according to a spokesman.

Weak start for RWR Card
People’s Party (ÖVP) Economy Minister Reinhold Mitterlehner has admitted difficulties in introducing the Red White Red Card (RWR Card, Rot-Weiß-Rot Card).

Pröll outpaces friends and foes in capability check
Austria’s longest-serving governor has been identified as the most capable one in the opinion of citizens.

Foul-mouthed MPs might face fines
Fritz Neugebauer has started another attempt to introduce a system of fees for abusive parliament delegates (MPs).

Car sharers should get cheap U-Bahn tickets say greens
People who support the environment by signing up for car sharing initiatives to cut down inner city congestion should get subsidised public transport.

Film festivals in Vienna
There are two film festivals back to back in Vienna this May and June. The "Let's CEE Film Festival" shows films from Central and Eastern Europe, while the "Vienna Independent Shorts" focuses on short films.

Salzburg builds new prison
Salzburg is to get a new prison.

Postwoman killed by express train
An 32-year-old postwoman was killed instantly when she apparently failed to see a stop sign on a train track - and was hit by a 120 kph express train at the Grimmenstein sortage depot in the Lower Austrian region of Neunkirchen.

Dirty water caused by excrement
Health experts are struggling to find the source of excrement that has contaminated water supplies at the town of Köstendorf in Salzburg province.

Man Utd chase Austrian ace
Manchester United have signalised interest in David Alaba.

Jobs in Austria