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Austria.
Dynamic Business Location.

Unemployment in Austria: Low in international comparison

Austria has a low percentage of people who are unemployed compared to other countries in the eurozone and the EU, as well as in global comparison. At 4.9 per cent the unemployment rate, is 1.9 per cent below the EU average.

One key strength of Austria as a business location is its pool of qualified and highly motivated employees. Investors highly value the professional skills and in-depth knowledge of their employees. Every company in Austria finds the right employees, whether a handicraft business, R&D headquarters or high-tech spin off.

The high level of loyalty of Austrian employees and their identification with company goals are important factors contributing to the country’s high productivity, quality standards and GDP growth.

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Austria is well known for its social stability and excellent labor relations where strikes are measured only in seconds. As a global player, reliable deliveries are a top priority for us.

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news from the business location Austria

Turbocharger for the business location

The new Austrian Federal Government is committed to strengthening the economy, as shown in its programme, and has incorporated numerous measures to enhance the viability of Austria as a business location.

The new research allowance in Germany – in competition with the Austrian research tax credit?

Companies carrying out research and development in Austria have the possibility to apply for research funding, namely the so-called research tax credit. In an international comparison, the Austrian research tax credit is a recipe for success and is designed to showcase and enhance the attractiveness of Austria as a research location. The successive increase in the research tax credit from the original level of three percent in 2002 to 14 percent at present has made a massive contribution to this success.

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