Downward Trend of Austrian Unemployment

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In the fourth quarter of 2010, the total number of persons unemployed according to international definitions was 179 000, a decrease by 21 300 persons (-10.6%) compared to the fourth quarter of 2009. According to Statistics Austria, the unemployment rate is estimated to be 4.1% and therefore below last year’s corresponding figure (4.7%).

Unemployment rates of men and women…