AUSTRIA TO SUCCUMB TO SKILLS SHORTAGE BY 2005.

• Position: Industry Trend or Event - Brief Article

Austria will need around 165,000 extra workers by 2005, assuming the economy grows by 2.5% a year, forecast an Austrian Economics Institute (WIFO) on 23 April. Should annual growth top 2.5%, the extra staff requirements could reach 200,000, stressed WIFO analyst, Ewald Walterskirchen. The service industry is expected to soak up half of the extra workers with Internet services alone expected to recruit 13,000 new staff by...