Austrian Unemployment Shrinks Further

BusinessEconomy ♦ Published: March 25, 2011; 00:00 ♦ (Vindobona)

Increase in jobs and decrease in unemployment in the fourth quarter of 2010; job market relief in 2010 compared to 2009

Austrian Unemployment Shrinks Further / Picture: ©

According to Statistics Austria, the number of employed persons strongly increased to 4.134 million in the fourth quarter of 2010 (4.089 million in the fourth quarter of 2009). The rise in the fourth quarter (+45 000) was larger than in the third quarter (+28 000), where an increase of employed persons was observed for the first time since the economic crisis. Self-employed (+28 000,…