Half of Domestic Companies Complain About Labor Shortage

According to the Austrian-Business-Check survey by KSV1870 from March 2025, 54 percent of Austrian companies are affected by staff shortages, with 23 percent significantly so. The most common impacts are increased costs for employee retention, significant additional burdens on the workforce, and loss of revenue. The gastronomy and hotel industries are particularly affected.

Domestic Companies Leave Vacant Positions Unfilled

Nevertheless, around 70 percent of the surveyed companies would not fully fill vacant positions due to cost reasons. "The reality is that the lever on personnel costs is often the largest to reduce costs. However, in the long term, this strategy affects competitiveness," warns Ricardo-José Vybiral, CEO of KSV1870 Holding. He refers to the survey (Sample: 1,100 companies): "Although the staff shortage is obvious, only 18 percent of companies have planned to increase their number of employees in the current year." In July, 359,374 people were registered as unemployed or in AMS training. This is an increase compared to July of the previous year of 17,605 job seekers, an increase of 5.2 percent. The number of long-term unemployed increased by 9.8 percent.

(APA/Red)

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