© Louis.Hansel@shotsoflouis/Unsplash
01.07.2020
Employment Decline Slows Down in May
WIFO Research Brief: COVID-19 Pandemic
With the easing of COVID-19-related restrictions in trade, personal services and restaurants at the beginning of May 2020, the decline in employment was slightly lower at –4.0 percent in May than in April (–5.0 percent, March –4.9 percent). In a recent WIFO Research Brief, Julia Bock-Schappelwein, Ulrike Huemer and Walter Hyll examine the employment situation in Austria.
The rise in unemployment (including persons in training), after peaking in mid-April, is at +50.7 percent in May also slightly less pronounced than in April (+58.2 percent, March +52.5 percent). The unemployment rate fell to 11.5 percent (April: 12.7 percent, March: 12.3 percent). The number of people in marginal employment, which are not reported in the official figures of the Main Association of Social Security Institutions, has also fallen massively since the outbreak of the COVID-19 pandemic. In May, the decline in employment amounted to –12.6 percent or –43,909 to 305,628 (April –17.8 percent, March –21.5 percent) and is currently at a level like 10 years ago (2011: 307,741).
Publications
WIFO Research Briefs
25.06.2020
Finalization: June 2020
Specialist publication: WIFO Research Briefs
Please contact
Labour Economics, Income and Social Security
Labour Economics, Income and Social Security
Further news
Telephone Exchange and Reception
29.08.2025
Retail Business Cycle Report in Cooperation with the Austrian Retail Association
22.08.2025
WIFO Simulations: Targeted Cost Containment of 2.7 billion € in the Pension Sector Requires a Stronger Increase
18.08.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of July 2025
30.07.2025
Research Group Macroeconomics and Public Finance
21.07.2025
Examination of the Extent of Revisions for the Period from 2020 to 2024
09.07.2025
Mid-term Evaluation of the Federal Government's RTI Strategy 2030
07.07.2025
Economic Development in the Austrian Federal States in 2024
03.07.2025
WIFO Economists Publish New Book on Austrian Competitiveness
30.06.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of August 2025
27.06.2025
Video: Opening Discussion and Pulse Lecture
27.06.2025
Results of the WIFO-Konjunkturtest (Business Cycle Survey) of June 2025
27.06.2025
Workshop on Sustainability, Inequality and Innovation
18.06.2025
Video: Research Seminar with Matthias Schnetzer and Eva Six
18.06.2025
WIFO Business Cycle Report of June 2025
12.06.2025