Considerable Rise in Unemployment

BusinessEconomy ♦ Published: August 3, 2012; 18:21 ♦ (Vindobona)

In July, the Austrian unemployment was up by 8.7%. In total, 286,000 persons had no job last month.

Considerable Rise in Unemployment / Picture: © Vindobona.org

According to EU calculations, Austria still has the lowest unemployment rate among the EU members. However, the rise in unemployment continues. Against July 2011, the number of unemployed persons rose by 8.6% to 227,869. Moreover, the number of training participants was up by 9.2% to 58,030. In total, 285,899 persons had no job at the end of July. This is an increase by 8.7% compared to…