Unemployment: Sharp Decline in October

Politics ♦ Published: November 2, 2010; 11:46 ♦ (Vindobona)

Compared with the previous year, unemployment was reduced by 8%. The decline is attributed primarily to an increase in the demand for temporary workers.

Unemployment: Sharp Decline in October / Picture: © AMS

The number of people looking for jobs has decreased significantly as compared with the previous year. The AMS(Public Employment Service Austria) reported a decline of 7.9%. Therefore, there are 19,400 fewer unemployed people, reaching 226,100 unemployed individuals. The decline in long-term unemployment was particularly strong: it decreased by 20.3% to 5,700 persons.