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Austria: Unemployment Quota Increased to 6.9 Percent in August

Published: September 2, 2013; 15:19 · (Vindobona)

The gradual economic recovery has not yet reached the domestic labor market. The number of jobseekers in Austria has increased by 323,111 persons compared to the previous year.

Austria: Unemployment Quota Increased to 6.9 Percent in August / Picture: © Flickr

According to the Labor Ministry, the month of August saw an increase of 11.7 percent in persons unemployed which is slightly below last month’s increase of 12 percent. Withouth the insolvencies of construction company Alpine and retailer daily, the increase would have only come at 11.1 percent. A total of 263,087 persons were registered unemployed in August which is an increase of…

This article includes a total of 179 words.

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