Early Monitoring of the Sustainable and Inclusive Development Goals in Austria – Update 2024
Assessment of the SDG 8 Development on the Basis of the WIFO Economic Outlook and Nowcasts
The 17 Sustainable Development Goals (SDGs) of the United Nations aim for global sustainable development encompassing economic, ecological and social aspects. This Research Brief provides an update on the early monitoring of SDG 8 for Austria. Based on the annual SDG monitoring by Eurostat and taking into account the current development in Austria on the basis of the WIFO Economic Outlook and Nowcasts, an early assessment of target achievement for the year 2024 is made. This is shaped by the economic downturn, with the current assessment of investment and youth unemployment deteriorating, while the medium-term trend remains positive for the employment rate, long-term unemployment and the in work at-risk-of-poverty rate.