Has Accession to the EU and Monetary Union Changed Austria's Labor Market? State of Play and Need for Action
Amid increasing internationalization, the domestic labor market had undergone fundamental changes even before Austria joined the EU. In the ten years since, total employment has virtually risen as fast as in the decade before accession, while the increase in dependent employment has been more moderate. Total, long-term and youth unemployment has continued to be low by international standards. Modest growth of wages and unit labor costs has promoted price stability and reinforced Austria's competitiveness. Growth of real wages, however, has slowed down. Many structural problems on the domestic labor market were already in sight at the time of accession. Austria may yet better utilize its unused potential in the employment of women and, in particular, of older people.
Volume (Year): (2005)
Issue (Month): 2 ()
|Contact details of provider:|| Postal: P.O. Box 61, A-1011 Vienna, Austria|
Phone: +43/1/404 20 7405
Fax: +43/1/404 20 7499
Web page: http://www.oenb.at
More information through EDIRC
|Order Information:|| Postal: Oesterreichische Nationalbank, Documentation Management and Communications Services, Otto-Wagner Platz 3, A-1090 Vienna, Austria|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Gomez-Salvador, Ramon & Messina, Julian & Vallanti, Giovanna, 2004.
"Gross job flows and institutions in Europe,"
Elsevier, vol. 11(4), pages 469-485, August.
When requesting a correction, please mention this item's handle: RePEc:onb:oenbmp:y:2005:i:2:b:11. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Claudia Kwapil)
If references are entirely missing, you can add them using this form.