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Unemployment: Highest Payments for Austrians

Published: September 7, 2012; 07:24 · (Vindobona)

According to the globalization fund, Austrian unemployed receive three times as much than the EU average.

Unemployment: Highest Payments for Austrians / Picture: ©

Among the 27 EU member states, Austria shows most support for unemployed, the EU globalization fund reported. The EU globalization fund exists since 2007 and has a volume of € 500m. The fund should help unemployed persons to become trainees and to find a new job as soon as possible. Since 2009, the fund pays 65% of these costs. In 2011, only € 128m were paid, which is an increase by…

This article includes a total of 118 words.

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