Vienna's unemployment rate drops by 1.8 percent

BusinessEconomy ♦ Published: September 1, 2010; 18:18 ♦ (Vindobona)

By the end of August the number of registered jobless in Austria's capital Vienna dropped by 1.8 percent y/y to 71,098.

Vienna's unemployment rate drops by 1.8 percent / Picture: © AMS

As the labour agency AMS reported, the positive developments affected all three age groups:

19-25-year-olds (unemployment rate down 0.2 percent),

25-44 year-olds (down 2.6 percent) and

>45-year-olds (down 1.2 percent).

However, in the same month the training costs for unemployed have risen, as 22,601 people were looking for jobs, up by 2,209 …