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Austria

Austria is a country that has a strong industrial base, comprising many export-oriented small- and medium-sized enterprises. Historically, this has been an important element of GDP growth. Vocational education and training plays a major role in the Austrian economy. This is demonstrated by the high attractiveness of VET programmes for young people and the diversity of programmes on offer; some four fifths of all pupils who have completed compulsory schooling opt for a VET path. The success of the Austrian VET system is reflected in the low youth unemployment rate and the international recognition of Austrian skilled workers.

Looking to the future, employment has already recovered to its pre-2008 financial crisis level and is projected to continue to grow in the period to 2025. Most employment growth is expected to be in business and other services, and most job opportunities will be for service and sales workers.

Over this medium-term future, Austria is expected to see an increasing demand for high- and low-skilled workers, whilst demand for medium-skilled workers is set to decrease. Meanwhile by 2025, the share of the labour force with high level qualifications is projected to increase, the share of workers with low or no qualifications to decrease, and the share of workers with medium qualifications to remain at around the same level.

Austria’s working-age population (15-64) is projected to grow in this period, with labour market participation declining but remaining above the expected EU28 average. Over the longer-term future, Austria is expected to have an old-age dependency ratio close to the EU28 average. 

Future employment growth (in %) in Austria in 2015-2025 across sectors

Source:Cedefop
Indicator:Future employment growth

Projected changes in employment to 2025 (this indicator contains overall percentage change).

Key facts

SIZE OF EMPLOYMENT

Source:Eurostat
Indicator:Employment rate

The employment rate indicates the percentage of people in employment over the population aged 20-64.

 

In 2015 the employment rate in Austria was 74.26% compared to 70.00% in EU

RECENT HISTORY

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

During the period 2011-2015 the size of employment in Austria changed by 2.36% compared to 2.07% in EU .

TOP PERFORMERS

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

Sectors with the largest share in employment in Austria in 2015 

  • Manufacturing 15.98%
  • Wholesale & retail trade 14.43%
  • Health & social care 10.14% 
  • Construction 8.39%
  • Education 6.83% 

TOP PERFORMERS

Source:Eurostat
Indicator:Employed population by sector

It shows the total number of employed population, of any age, broken down by sector.

Occupations with the largest share in employment in Austria in 2015:  

  • Office associate professionals 8.05%
  • Sales workers 7.69%
  • Personal service workers 5.94% 
  • Office clerks 5.27%
  • Teaching professionals 5.11%

TOP PERFORMERS

Source:Cedefop
Indicator:Future employment growth

Projected changes in employment to 2025 (this indicator contains overall percentage change).

Sectors expected to have the strongest employment change over the period 2015-2025 in Austria:

  • Professional services 10.99%
  • Wholesale & retail trade 10.59%
  • Health & social care 9.79% 
  • ICT services 9.25% 
  • Administrative services 8.25% 

LOOKING INTO THE FUTURE

Source:Cedefop
Indicator:Future employment needs

The additional number of people who will be required to work in an occupation given projected changes in employment and replacement demands. 

Occupations expected to have the largest numbers of job openings in Austria over the period 2015-2025:

  • Farmworkers and gardeners 143,147
  • Sales workers 114,173
  • Office associate professionals 100,658
  • Technical labourers 94,716
  • Teaching professionals 86,257

Featured indicator

Related indicators

Employment share of occupations (%) in Austria (2011-2015 comparison)

Source:Eurostat
Indicator:Employed population

Shows the total number of employed people of any age.

 

Education profile (%) of the working age population in Austria (2011-2015 comparison)

Source:Eurostat
Indicator:Working-age population

Measures the total number of people of working age (i.e. 15-64).

 

Age profile (%) of the working age population in Austria (2011-2015 comparison)

Source:Eurostat
Indicator:Working-age population

Measures the total number of people of working age (i.e. 15-64).

 

Future employment growth (% change) across occupations in Austria compared to EU in 2015-2025

Source:Cedefop
Indicator:Future employment growth

Projected changes in employment to 2025 (this indicator contains overall percentage change).

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