Labour Market Inactivity and Social Security: A European Comparison
Compared to eight other European countries (Belgium, Denmark, Germany, the Netherlands, Slovenia, Finland, Sweden, UK), Austria's labour market performance is better than average. In 2008, a higher-than-average share of the working-age population (15 to 64 years) had jobs and the share of the unemployed was comparatively low. However, a higher-than-average share was economically inactive. Noticably, the share, in this group of countries, of working-age persons who are economically inactive and say they are willing to work yet are not seeking a job at the moment or are not immediately available is largest in Austria, which points at a large unexploited labour pool in Austria.
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Volume (Year): 83 (2010)
Issue (Month): 12 (December)
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