Unemployment Up by 3.7% in November

BusinessEconomy ♦ Published: December 1, 2011; 10:35 ♦ (Vindobona)

More than 321,000 persons were registered with the Austrian Labor Market Service in November. The number of employed persons increased by 59,000.

Unemployment Up by 3.7% in November / Picture: © Vindobona.org

In November, unemployment was on the rise in Austria compared to both November 2010 and October 2011. 253,422 persons were registered as unemployed at the Austrian Labor Market Service (AMS). This corresponds to an increase of 3.7% against November 2010. Another 67,951 persons (-7.0%) participated in training courses of the AMS and were thus not counted as unemployed according to the…