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Austrian Unemployment Continues to Grow

Published: October 1, 2012; 18:01 · (Vindobona)

In September, the number of unemployed persons grew by 5% against September 2011. The Euro area unemployment rate came at 11.4%

Austrian Unemployment Continues to Grow / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

The euro area1 (EA17) seasonally-adjusted2 unemployment rate3 was 11.4% in August 2012, stable compared with July4. The EU271 unemployment rate was 10.5% in August 2012, also stable compared with July4. In both zones, rates have risen compared with August 2011, when they were 10.2% and 9.7% respectively.

Eurostat estimates that 25.466 million men…

This article includes a total of 269 words.

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