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Austria: Unemployment Rate to Remain High

Published: April 8, 2013; 16:11 · (Vindobona)

According to AMS, the public employment service in Austria, the unemployment rate will stay on the high level it shows right now. The labor market situation will only ease in 2016.

Austria: Unemployment Rate to Remain High / Picture: ©

A forecast by the AMS estimates a figure of 276,500 persons unemployed and 72,000 further persons in training. Last year, 261,000 jobhunters were regististered while 66,000 persons were in training. Even if Austria showed the lowest unemployment rate in the EU in Feburary, the situation on the domestic labor market remains tense and will stay like this for some more time. This derives…

This article includes a total of 423 words.

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