Labour Market Monitor 2023

The report updates the set of labour market indices first implemented and tested in 2010 in cooperation with experts from the Vienna Chamber of Labour (AK). The Austrian labour market is examined relative to the other 26 EU countries in the following dimensions: overall labour market performance, participation of different groups of people, exclusion risks on the labour market, distribution of earnings and redistribution by the welfare state. Austria performs better than the average of the comparison countries in three out of five dimensions. Among the EU member countries, Denmark performs best, with a position in the top field in all five dimensions. The Netherlands, Slovenia and Luxembourg are among the top performers or at least in the upper middle field in all five dimensions. Bulgaria, Greece, Latvia, Portugal, Romania, and Slovakia are in the lower middle field or in the bottom field in all five dimensions.