Austria short of 220,000 skilled workers in H1 2019: study

Austria had a shortage of over 220,000 skilled personnel in its labor market during the first half of the year, employment platform StepStone has revealed in a new study.

The figure was based on an analysis of job advertisements in 22 print media publications and 21 job fairs, according to the study.

Employees in both the technical and information technology fields were in particular demand, with about 32,000 and 30,000 people sought respectively, while finance and accounting along with sales personnel both had about 23,000 job positions to fill.

Head of StepStone Austria Rudi Bauer said a good economy along with the transition towards digitalization meant experienced technical experts in particular were highly sought after, and have long been able to choose where they would like to work.

Bauer noted however that relative to demand for their services, compensation for both technical and information technology experts still lags behind other fields such as finance, arguing that employers should re-think their salary packages should they wish to remain competitive in the “war for talents”.