Austria

job market and employment information

Unemployment stands at approximately 4.8%. It is well placed geographically to benefit from the development of Eastern European economies.
The main industries are food and beverages, engineering, chemicals, automotives and the electrical and electronics industry. There has been a shift of some of its labour-intensive, low-technology industries to Eastern European countries, accompanied by a growing emphasis on high technology within Austria.
Tourism is also an important part of the economy, with Vienna and the ski resorts as the main attractions.
The majority of companies are small or medium-sized - approximately 85% of firms employ fewer than 100 people.
Austrian employers usually look for graduates with relevant degrees. EU and EEA nationals do not need a work permit or a residence permit to live and work in Austria. EU citizens do not need a visa as long as they have a valid passport and sufficient funds and proof that they have health insurance or form E111. However, EU citizens must register with the local Aliens Administration Office within five days of arrival in Austria.
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employment in figures
further resources, links