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AAustria experienced a renewed downturn in its economy and labour market between mid-2011 and late-2014, with increasing rates of unemployment largely due to slack domestic demand. But there are recent signs of a slow recovery: overall and youth unemployment rates and the incidence of long-term unemployment all started to fall in the first quarter of 2015, if only marginally, and employment continued to increase.
In 2012, the total inflow of foreign nationals to Austria increased to 125 600 persons, which represented a 13% increase compared to the previous year.
Getting regions and cities 'right', adapting policies to the specificities of where people live and work, is vital to improving citizens’ well-being. View the country fact sheets from the publication OECD Regional Outlook 2014.
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Austria’s relative spending on individuals’ tertiary education is among the highest in the OECD. Austria puts great emphasis on tertiary education which is reflected in the level of public investment: its spending on individuals’ tertiary education relative to lower levels of education is among the highest of the OECD countries.
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Note summarising the performance of 15-year-old students in Austria in the PISA 2012 assessment of mathematics, reading and science.