Increase in Employment and Unemployment

BusinessEconomy ♦ Published: March 22, 2012; 10:10 ♦ (Vindobona)

Overall situation of the Austrian labor market improved in 2011 compared to 2010.

Increase in Employment and Unemployment / Picture: © Vindobona.org

The number of people employed in Austria increased to a total of 4.162 million in the fourth quarter of 2011 (last quarter of 2010: 4.134 million). According to Statistics Austria, the rise in the fourth quarter (+28 100) was lower than in the third quarter (+52 800). In the year to year comparison, self-employed decreased (-9 500 men) and employees increased (male +32 100, female…