WIFO Reports on Austria

The WIFO Reports on Austria are short English-language analyses of economic developments in Austria. Contributions on the topics of business cycle, competitiveness, macroeconomics, labour market, digitisation, cash flow and unit labour costs are published regularly, summarising the main developments in these areas in Austria.

The articles of the previous issues "WIFO Bulletin" and "Austrian Economic Quarterly" can be found here: WIFO Bulletin, Austrian Economic Quarterly

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The Austrian Labour Market on Course for Recovery Since Spring 2021
WIFO Reports on Austria, 2022, (8), 13 pages
Online since: 30.06.2022 0:00
From spring 2021, the Austrian labour market gradually recovered from the major dislocations caused by the COVID-19 pandemic and the measures taken to contain it in the previous year. Employment returned to its pre-pandemic level in May, and unemployment fell below its pre-crisis level starting in the fall. Even the fourth lockdown in winter 2021 barely slowed the recovery. In spring 2022, the upward trend on the labour market continued despite the outbreak of war in Ukraine. Declining but still high long-term joblessness remains a key challenge.
JEL-Codes:E24, J21, J63
Keywords:Labour market, unemployment, employment, COVID-19 pandemic
Research group:Labour Market, Income and Social Security
Language:English

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apl. Prof. Dr. Hans Pitlik

Function: Senior Economist, Editor-in-chief WIFO-Monatsberichte and WIFO Reports on Austria

Tamara Fellinger

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Tatjana Weber

Activities: Publications, website, subscriptions