Austria’s Exports Drop as Demand Weakens
The country’s four main export sectors – machinery, processed goods, chemicals and manufactured goods – all declined.
Chamber of Labour Criticises High CEO Salaries
According to calculations by the Chamber of Commerce, the highest-paid CEOs earn 81 times the median income of Austrian employees.
Austrian Inflation at 2% in December, Meeting EU Target
Although inflation in Austria had been slightly lower previously, the 2% rise still meets the EU’s stability goals.
Investment in Austrian Start-ups Declines
The 2024 Start-up Barometer from EY shows total funding dropped by 17% from 2023, with the number of funding rounds also declining.
Post-Christmas Gift Resales Boom in Austria
As listings rise by 30–40%, popular items include books, films, toys and tech gadgets like gaming consoles.
Austrian Small Businesses See Drop in Sales and Profit
Due to financial pressures, 28.6% of businesses, especially in manufacturing and construction, have reduced their workforce in the past six months.
Part-Time Work in Austria Rises 30% in a Decade, Led by Women
In 2013, around 950,000 people worked part-time in Austria, but by 2023, that number had increased to 1.25 million.
Company Bankruptcies Rise by 22% in 2024
Liabilities are also expected to increase by 31%, with the rise mainly due to a string of high-profile insolvencies.
Nearly Half of Generation Z Suffer from Office Anxiety
Forty-seven percent of Gen Z experience strong anxiety ahead of the workweek, with just 66% finding their work fulfilling.
AMS: Minimal Impact on Labour Market from Syrian Returnees
Austria’s total workforce stands at 3.977 million, with Syrians making up just 0.6 percent of that figure.