Business - Economy

Austria Records Highest Unemployment of All Times

Published: February 1, 2013; 15:45 · (Vindobona)

With 410,000 job-seekers, unemployment has never been higher. Nevertheless, Austria has the lowest unemployment quota in the EU.

Austria Records Highest Unemployment of All Times / Picture: © Vindobona.org

Austria´s unemployment was up by 6.9% in January. This was mainly due to the weak economic development. Moreover, the weather conditions caused a substantial increase in unemployment in the construction sector.

In total, the number of unemployed persons rose by 6.4% to 338,400 persons. As a result, the number of unemployed workers was up by 20,394. Moreover, the number of…

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Austria Records Highest Unemployment of All Times

With 410,000 job-seekers, unemployment has never been higher. Nevertheless, Austria has the lowest unemployment quota in the EU.

Join us to succeed in Vienna!
Sign up to read articles for free and to get personalized updates on the events that interest you.