More exports and higher activity of the countrys production sector have led to a 0.8 per cent increase of the Austrian gross domestic product (GDP) in the final quarter of last year, a think tank has announced.The Institute for Economic Research (WIFO) said today (Thurs) the GDP was 0.8 per cent higher between October and […]
The number of unemployed people declined strongly in Salzburg last month, according to latest figures.The Federal Labour Market Service (AMS) said today (Fri) that 5.3 per cent of the province’s residents were out of work last month, down from 8.5 per cent in January 2010.The provinces of Tyrol (5.9 per cent), Vorarlberg (6.1 per cent) […]
More than 10 per cent of young Austrians are not in employment, education or training, it has emerged.The European Commissions (EC) statistic body Eurostat announced yesterday (Weds) that 10.1 per cent of Austrians aged between 20 and 24 were out of work, education and traineeships in 2008. The authority, which did not provide more recent […]
Austria’s unemployment rate has dropped, half a year before the country must fully open its labour market to workers from European Union (EU) states in Eastern Europe (EE).Statistik Austria announced today (Weds) 179,000 people were out of work in the fourth quarter of 2010, down by 21,000 or 10.6 per cent compared to the same […]
Social Democratic (SPÖ) Labour Minister Rudolf Hundstorfer has announced plans to cut the budget of courses offered to jobless people.Hundstorfer said yesterday (Tues): “It must not happen anymore that someone sits a course such as How do I apply for a job best? three times.”The minister announced all courses offered by the Labour Market Service […]
Niki Lauda is to become a grandfather for the first time.The three-time Formula One champions son Lukas confirmed newspaper reports about the news today (Thurs).”Yes, thats correct, Ill become a dad. But its also too early to speak about it,” his son Lukas a Barcelona-based sports management company manager said.Lauda, 61, who heads […]
The Austrian subsidiary of German transmission and automation specialist Lenze announced today (Thurs) that Sepp Resch would be its new general manager for Austria and Eastern Europe.Resch, 49, has been the head of international automation firm Cegelec.Lenze said Reschs focus in his new job would be maximisation of growth potential.Lenze Austria, based in Asten near […]
The debate on immigration statistics and soaring unemployment figures is set to intensify as the Alliance for the Future of Austria (BZÖ) today (Weds) called for a “foreigner check”.BZÖ boss Josef Bucher said Austria should adopt immigration systems as in operation in countries like Canada or Australia.Bucher claimed only people who “fulfil certain criteria” should […]
By Thomas HochwarterSPÖ Chancellor Werner Faymann has announced plans for a new economy stimulus package as figures show unemployment soared almost 20 per cent year on year last month.The Social Democrat said today (Tues) he wanted to introduce a third stimulus package, adding he had “many plans” to help people to “gain better qualifications”.Faymann claimed […]