English, Article edition: Determinants of the Rise of Unemployment in Austria Markus Marterbauer; Ewald Walterskirchen

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Determinants of the Rise of Unemployment in Austria
Author
  • Markus Marterbauer
  • Ewald Walterskirchen
Physical Description
  • article
Notes
  • Throughout the 1990s, the labour market has shown an unfavourable development, with unemployment noticeably on the increase. Until 1997, the main reasons underlying this development were a relatively low average rate of economic growth, the 1993 recession, and strong productivity increases in the private sector. In 1997-98, however, unemployment continued to rise despite a favourable economic development. This was due, above all, to the substantially increased labour supply (shortened period of entitlement to parental leave allowance, a more restrictive policy regarding early retirement), the emphasis on part-time employment in the service sector, as well as staff cuts (public sector) and restructuring measures (headquarters of large industrial and service enterprises) in Vienna.
  • Determinants of the Rise of Unemployment in Austria
  • RePEc:wfo:wquart:y:1999:i:2:p:115-123
Language
  • English
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