Labour market development of Austria and East Europe in Comparison

Client/Funding Institution

Federal Ministry of Labour, Social Affairs and Consumer Protection

Abstract

The aim of the project is to find an answer to the question why Austria has fallen back within the European unemployment ranking lately and how the comparable development was in the MOEL. Thereby macroeconomic (change of the situation of the labour market because of different growth rates in the countries and the role of the wage policy in the MOEL, approach of the wage level as implication of the catching-up process) and demographic aspects (demographic aspects and changes of the participation on the labour market and the role of emigration respectively immigration for the development of the labour force at the age from 14-64) are considered in a more precise way as well as institutional factors (proficiency level of the unemployment insurance respectively the social welfare and its impact on the unemployment rate, activity in the informal sector, role of the mostly liberal labour markets in the MOEL and role of other institutional factors).

Duration

November 2016 - December 2016

wiiw team Leader

Hermine Vidovic

wiiw Staff

Manuela Engleitner, Sebastian Leitner, Robert Stehrer

Keywords: MOEL, employment, unemployment, labour market, growth rates, wage level

Countries covered: Austria, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Slovakia, Slovenia

Research Areas: Labour, Migration and Income Distribution


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