Recovery in Austria´s Labor Market Continues

People ♦ Published: January 8, 2011; 05:07 ♦ (Vindobona)

The domestic labor market´s data for 2010 were better than expected. The number of job-seekers declined by 3.7%

Recovery in Austria´s Labor Market Continues / Picture: © Vindobona.org

On average, Austria recorded 324,000 unemployed persons in 2010. This number also contains training participants (73,000). Thus, the number of job-seekers amounted to 251,000. In comparison to 2009, the number of job-seekers declined by 3.7% (9,500 persons). By contrast, the number of training participants rose by 14.2% (9,100 persons). As a result, the two effects…