Unemployment: Austria Ranks First in EU

BusinessEconomy ♦ Published: October 31, 2012; 11:55 ♦ (Vindobona)

In September, the euro area unemployment rate came at 11.6%. The Baltic countries registered a substantial decrease in unemployment.

Unemployment: Austria Ranks First in EU / Picture: © Vindobona.org

The euro area (EA17) seasonally-adjusted2 unemployment rate3 was 11.6% in September 2012, up from 11.5% in August. The EU27 unemployment rate was 10.6% in September 2012, stable compared with August. In both zones, rates have risen significantly compared with September 2011, when they were 10.3% and 9.8% respectively. These figures are published by…