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    <ns1:title language="en">Migration and Labour Integration in Austria. SOPEMI Report on Labour Migration Austria 2019-20</ns1:title>
    <ns2:subtitle language="en">Report of the Austrian SOPEMI correspondent to the OECD. </ns2:subtitle>
    <ns1:language>en</ns1:language>
    <ns1:description language="en">The positive economic development which Austria experienced from 2013 until 2019 came to
an abrupt halt in 2020 as a consequence of the Covid-19 pandemic; the economic
lockdown in March 2020 and again in December 2020 led to a massive decline in GDP
growth. Economic growth had peaked in 2017 reaching a real GDP growth rate of 2.5%. After
that growth slowed down to 1.4% in 2019 (after 2.4% in 2018). It is expected that GDP growth
will decline by 7.3% in 2020 and recover only slowly in 2021 to 3.9%. (Forecast by the Austrian
National Bank, 11 December 2020)1</ns1:description>
    <ns1:keyword language="de">Migration</ns1:keyword>
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        <ns3:firstname>Gudrun</ns3:firstname>
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      <ns1:date>2021-01-01</ns1:date>
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