The number of employees in the Scientific Research and Development sector in Austria stood at 7.81 thousand in 2023. Over the last two years, the sector experienced minimal decline with year-on-year variations of -1.53% in 2022 and -1.51% in 2023, indicating a steady downward trend. The past five years have seen an overall negative Compound Annual Growth Rate (CAGR) of -2.49%, signifying a gradual reduction in employment within the sector.

Future projections suggest a continuation of this downward trend with a forecasted 5-year CAGR of -1.15%, leading to a reduction of approximately 5.63% by 2028. In 2028, the employment number is expected to reach 7.26 thousand employees, suggesting that the sector will face ongoing challenges in workforce retention or growth.

Future trends to watch for include:

The impact of automation and AI on job roles within the sector.
Government and private sector investments in R&D and their effects on employment figures.
Global economic conditions and their influence on R&D jobs in Austria.