Sponsored
Article Tools

Austria: Unemployment Rate at Record High

Published: January 2, 2014; 16:57 · (Vindobona)

Last year the unemployment rate in Austria recorded its highest level in 60 years.

Austria: Unemployment Rate at Record High / Picture: © Flickr

The average unemployment of 7.6 percent (domestic calculations) was the second highest in the history of the Second Republic. Only in the year 1953 the unemployment rate was higher, standing at 8.7 percent. However, in absolute terms, the number of unemployed persons has never been as high. Moreover, the unemployment rate increased by 10.2 percent compared to 2012 when a quota of seven…

This article includes a total of 281 words.

or Log In

Fast News Search
Related News
Austrian Public Debt Reaches New High (December 30, 2013)
Austria: Purchasing Power Shrinks Further (December 30, 2013)
Austria: Kapsch Delivers Warning to Policy-Makers (December 27, 2013)
Austria: New Government Already Disappoints in the First Week (December 23, 2013)
Wifo: Sluggish Growth Because of Weak Consumption (December 19, 2013)
Read More
Labor Market, Labor Market Policy, Economic Growth, Brussels, Eurostat, ams, Eurozone, GDP Gross Domestic Product, ECB European Central Bank, Monetary Policy, WIFO Austrian Institute of Economic Research
Featured
Updated Directory of Foreign Ambassadors in Austria 2018
List of National Days of the home countries of all foreign Missions and Delegations in Vienna, Austria
See latest Vindobona Newsletter