How Austria compares
Austria's skills snapshot
Developing the relevant skills
- How well does Austria’s education system perform? In the 2009 PISA test of 15-year-olds, Austria performs below the OECD average in reading (rank 39) and science (rank 31), and is on par with the OECD average in mathematics (rank 24).1
- Does Austria invest enough in education and training? Austria spent 5.9% of its annual income on education in 2009, compared to the OECD average of 6.2%.2
- How much are Austrian citizens undertaking further education? In 2008, 40% of Austrian citizens participated in continuing non-formal education compared to the OECD average of 34%.3
- How equal is access to opportunities for further training in Austria? In 2007, 68% of people aged 25-64 with a tertiary-level education participated in formal and/or non-formal education, compared with 19% for people in the same age group with below upper secondary education.4
- Should more be done to prevent skills shortages? The unemployment rate between 2007 and 2011 remained steady at 4.5%,5 and some 27% of Austrian employers reported recruitment difficulties in 2011, down from 33% in 2007.6,7
- Is there scope to improve skill utilisation in Austria through strengthening labour force participation? In 2011, 88% of people aged between 25 and 54 were in the labour force, compared to an OECD average of 81%.8 The participation rate for prime-age women (aged 25-54) is above the OECD average at 83% in 2011 (OECD average 71%).9
- To what extent are Austria’s older workers supplying their skills to the labour market? In 2011, only 42.9% of people aged 55 to 64 were in the labour force, compared to an OECD average of 57.8%.10
- How smooth is the transition from school to work for Austria’s youth? The employment rate of Austria’s youth in 2011 was 54.9%, compared with the OECD average of 39.3%.11 In 2011, the unemployment rate of Austrian youth was 8.4%, a relatively low rate compared with the OECD average of 16.2%.12
- Are the qualifications of Austria’s workers well matched with the requirements of their jobs? In 2005, almost 24% of Austria’s workers were over-qualified for their jobs (against the OECD average of 25%), and 21% were under-qualified (against the OECD average of 22%).13 Over-qualified (under-qualified) workers are those who have a higher (lower) qualification than the most common qualification of all other workers in the same occupation.
Key recommendations from the OECD Skills Strategy
A country can develop the relevant skills by encouraging and enabling people to learn throughout life; fostering international mobility of skilled people to fill skills gaps; and promoting cross-border skills policies.
A country can activate the supply of skills by encouraging people to offer their skills to the labour market and retaining skilled people in the labour market.
A country can put skills to effective use by creating a better match between people’s skills and the requirements of their job and increasing the demand for high-level skills.
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