Austrian Unemployment Fell Significantly

BusinessEconomy ♦ Published: December 17, 2011; 16:33 ♦ (Vindobona)

The Austrian labor market records more employees. The number of unemployed decreased, vacancies were going down in the third quarter of 2011.

Austrian Unemployment Fell Significantly / Picture: ©

According to Statistics Austria, the number of employed amounted to a total of 4 202 million in the third quarter of 2011 and thus increased by 52 800 persons compared to the third quarter of 2010. The number of employees increased considerably (+56 000), whereas the number of self-employed decreased slightly (-3 200). The number of full-time jobs for employees went up by 43 700…