Indicators of the Austrian Labour Market: an EU-wide Comparison

In an EU-wide comparison, Austria's overall labour market performance is fairly strong. The employment-to-population ratio is high. Unemployment, income inequality, and at-risk-of-poverty rate are at a rather low level. However, while employment stability is high for the core workforce, there is evidence of segmentation as well as persistent unemployment and low-wage employment among some groups of the Austrian labour market. Labour market integration differs greatly by gender, age, education, health status and country of origin. Current challenges include a comparatively low labour force participation rate of older workers, a high gender wage gap, and a large employment gap between mothers and fathers.