{"id":84199,"date":"2024-01-22T08:54:10","date_gmt":"2024-01-22T07:54:10","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/84199\/"},"modified":"2026-02-17T15:58:49","modified_gmt":"2026-02-17T14:58:49","slug":"cyclical-weakening-leading-to-higher-unemployment-economic-outlook-for-1996-and-1997-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/84199\/","title":{"rendered":"Cyclical Weakening Leading to Higher Unemployment. Economic Outlook for 1996 and 1997"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-84199","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The marked deterioration of the international scenario is the crucial element in the revision of the short-term outlook. Exports and domestic investment are clearly losing momentum. Austrian GDP is projected to rise by only \u00be percent in 1996 and by 1 percent in 1997. Slow growth will lead to a further decline in employment and an increase in unemployment to a new record high. The comprehensive fiscal consolidation program of the Federal Government should bring down the general government deficit to its target value.","onlinedate":"1996-05-01 02:00:00","lang":"English","publication_series":"","publication_date":"19960501","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"Cyclical Weakening Leading to Higher Unemployment. 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