Vienna relies on economic growth: new perspectives for work and training!

Vienna relies on economic growth: new perspectives for work and training!

Wien, Österreich - Vienna is currently in terms of optimism, and not only thanks to the sunny days that spoil the city. The newly established red-pink government under the leadership of the Social Democrats focuses on strengthening the Vienna business location. As Kurier are taken to integrate in particular people with weaker job channels, such as women without training and older workers.

A concrete access horse is the training allowance for nursing professions introduced in the previous year, which aims to counteract the lack of personnel in important areas such as care and pedagogy. The city government also launched targeted vacancy monitoring in order to use unused premises sensibly and thus take a further step towards strengthening the Viennese economy.

positive development despite challenges

Vienna can look back on impressive employment development. From 2010 to 2022, around 133,000 new jobs were created, which corresponds to an increase of 17.5 %. According to the specialist report of Waff 3.3 % came up with a new record. Nevertheless, the high unemployment rate of 10.6 % remains a challenge that the city wants to continue to tackle.

The forecast demographic development stipulates that Vienna could temporarily exceed the sound barrier of 2 million inhabitants in 2023. This brings with it both challenges and opportunities, since the shortage of skilled workers is noticeable in certain areas, especially in the service sector. The predictions of the WIFO to a further increase in employment until 2028 illustrate the urgency to actively address the specialist situation.

economy in the upswing

The current economic situation in Vienna is also evident from a positive side. While the Austrian economy has to be patient as a whole, forecasts Wirtschaftsbund Vienna A moderate growth of 1.3 % in the first half of 2024. This is particularly important, because the mood among the Viennese entrepreneurs is more optimistic than in the rest of Austria. The high flexibility and innovative strength of the local companies is considered a decisive competitive advantage.

This all happens against the background of rising living costs that make it necessary to take additional measures to support the economy. Even if inflation is a challenge, surveys show that the Viennese economy is still well positioned for future developments. It remains to be seen how the new city government will set the course for this.