Rise in Austrian Unemployment Rate

Politics ♦ Published: March 1, 2012; 11:55 ♦ (Vindobona)

At the end of February, 380,000 persons were unemployed. This is a rise of 5.2%. At the EU level, Austria´s unemployment rate is still the lowest.

Rise in Austrian Unemployment Rate / Picture: © Vindobona.org

Due to the cold wave, more persons were unemployed in February. 310,064 persons had no employment, 70,396 people attended trainings. In total, the number of unemployed rose by 5.2% to 380,460 persons. As a result, the number of unemployed grew by 18,701 persons against February 2011. The construction industry registered a rise in unemployment by 9.2%.

Rudolf Hundstorfer, Minister…