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17. 12. 09. - 16:00

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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

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