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Unemployment rate

It is predicted that 2012 will bring, as did 2011, a significant increase in employmen. This momentum in the emplolyment market is expected to continue into 2013 and 2014.  According to Eurostat, the employment rate‘s decrease is due 4.2% in part to positive development.  Thereby, Austria had the lowest unemployment rate in the euro zone, ahead of the Netherlands, Luxembourg and Germany. Due to the increasing labor force in 2012, there is expected to be a slight rise in unemployment up to 4.3%. But in 2014 the unemployment rate is expected to again decline to 4.2%.

 

More people are engaged as never before in Austria. The present condition is that Austria has the highest employment level it has ever had. In total, over 3.4 million people have jobs.

 

(Source: Austrian National Bank macroeconomic forecast)

Labor market for foreigners

Employment of foreigners in Austria is regulated by the Aliens Employment Act. 

The Labour Market Service (AMS) is the first point of contact for job seekers.

 

Here you will find basic information for establishing residence, obtaining work permits and information on the "red-white-red" card.

 

A little over a year, the labor market was opened to eight Eastern European EU states. Since this opening, an average of about 21,000 additional workers have been employed. Most of the additional employees are from Hungary (42%), Poland (22%), Slovakia (20%), Slovenia (8.6%) and the Czech Republic (6.7%).

Shortage of skilled workers and tradespeople

In the domestic economy there some 30,000 professional missing. Anyone who has an education in a occupation with a shortage will find it easier to get a work permit. There is a defined list of 26 occupations.  For a work permit in on of these fields, you must have completed vocational training, a binding job offer and must fullfill other requirements, such as having a working knowledge of the German language.

 

Occupations considered to have shortages are for example: artisans, technicians, computer specialists and nurses.

 

Here >>>> you will find a list of occupations with shortages, as well as the necessary forms. 

 

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