Part-Time Jobs Increase While Full-Time Jobs Are Axed

Politics ♦ Published: March 21, 2013; 18:09 ♦ (Vindobona)

Figures in the labor market were not very satisfying due to the economy being affected by the crisis. The unemployment rate in Austria increased in 2012 more rapidly than in 2011, according to international calculations.

Part-Time Jobs Increase While Full-Time Jobs Are Axed / Picture: © Vindobona.org

Also, the employment growth, which seems a positive development at first glance, was only due to part-time jobs. This information was published on Thursday by Statistik Austria. The number of employees increased in 2012 (compared with 2011) by 39,900, totaling 4.18m wage earners. Also the unemployment rate rose by 10,100 persons amounting 189,100 which is a rate of 4.3 %. Of all the…