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Unemployment
WIFO: Austrian Economy to Grow Slowly
In the next years, Austria´s economy will recover gradually, the Austrian Institute of Economic Research says.
January 25, 2013
Poland: Unemployment Quota at 13.4%
The labor market situation is one of Poland´s most pressing issues. Compared to November 2012, the unemployment quota was up by 0.5 percentage points.
January 24, 2013
Slovak Unemployment Rate Grows Further
In December, the unemployment quota came at 14.45%. Compared to December 2011, this is an increase by 0.9 percentage points.
January 24, 2013
Poland: Lower Growth Forecasts
The slowdown of the Polish economy continues. The government is becoming impatient.
January 22, 2013
OeNB: Austrian Economy Returns to Growth
Today, Austria´s National Bank (OeNB) has presented the results of the economic indicators.
January 18, 2013
Hungary: Poverty Grows Dramatically
More than 33% of Hungary´s citizens are at risk of poverty. Among the EU countries, Hungary ranks fifth.
January 16, 2013
Croatia: One Step Closer to the EU
According to their own statements, the Croatian government has fulfilled eight out of ten tasks, which must be finalized until July 2013. However, Croatia´s economic problems are far from being solved.
January 15, 2013
NBP Expects Further Slowdown
Poland´s National Bank (NBP) forecasts an economic growth rate of 1.5% in 2013.
January 14, 2013
Austrians Expect Shrinking Purchasing Power
According to a survey carried out by the opinion research institute Spectra Marktforschung, more than 40% of the Austrians expect that the purchasing power will decrease this year.
January 11, 2013
Poverty: Romanian and Bulgarian Citizens Most Endangered
Regarding the poverty rate, Bulgaria, Romania, Spain, Greece and Lithuania are significantly above the EU average.
January 9, 2013
Unemployment in EU: Austria Still Ranks First
At the end of December, the Eurozone´s unemployment rate reached 11.8%. In the EU, the unemployment quota comes at 10.7%
January 8, 2013
Poland: Unemployment Rate Grows Further
At the end of December, Poland´s unemployment quota reached 13.3%.
January 8, 2013
Serbia: Government Expects Recovery
In 2013, the Serbians will not benefit from the economic recovery, Prime Minister Ivica Dacic says.
January 5, 2013
Hungary: Unemployment Rate Unchanged
In September–November 2012, the number of unemployed people was 468 thousand resulting in an unemployment rate of 10.6%.
January 4, 2013
Poland: Government to Focus on Family and Employment
Poland´s Prime Minister Donald Tusk announced that the government aims to create more than 400,000 jobs this year.
January 4, 2013
Slovakia: Gasparovic Demonstrates Optimism
On the occasion of his traditional New Year´s speech, Slovakia´s President Ivan Gasparovic underlines that the country is able to manage the crisis.
January 3, 2013
Hungary: Dissatisfaction Grows
More than the half of the Hungarians is dissatisfied with the country´s government.
January 3, 2013
Austria: Unemployment Rate Up Significantly
The stagnation remains a burden for the Austrian labor market. In December, the number of job-seekers was up by 6.9%.
January 2, 2013
Serbian Industrial and Trade Sector Under Pressure
Retail trade is shrinking drastically, the manufacturing sector stagnates. GDP fell by 2.5% compared to autumn 2011.
December 29, 2012
Outlook: Europe Remains Under Threat
The European debt crisis will remain a major issue, Austrian Erste Group says.
December 28, 2012
Serbia: Labor Market Still Tensioned
The official unemployment quota decreased slightly. In the last twelve months, the employment situation has improved.
December 28, 2012
Austrian Economy: IHS and WIFO Cautiously Optimistic
The two Austrian economic research institutes anticipate an economic recovery in the second half of 2013.
December 21, 2012
Bulgarian Labor Market: Participation Rate Grows
A repeated Eurozone recession could additionally deteriorate the state of employment, Raiffeisen Research says.
December 15, 2012
„Austria Grows Stronger than Expected“
According to the economic research institute Synthesis, Austria´s economic growth is higher than WIFO and IHS say. The employment situation would be too good.
December 13, 2012
Austria: Unemployment Grows
Increase in unemployment in the third quarter of 2012, number of employees also growing.
December 13, 2012
WIFO: South Europe Needs Change in Strategy
The Austrian Institute of Economic Research (WIFO) underlines that the austerity policy in South European countries did not help at all.
December 12, 2012
Czech Unemployment on the Rise
In November, the Czech unemployment quota reached 8.7% after 8.5% in the previous month.
December 10, 2012
Austria Faces Recession
Austria´s National Bank OeNB has revised the growth forecasts one more time. Next year, Austria´s economy will only grow by 0.5%.
December 7, 2012
Slovakia: Unemployment Grows
In the third quarter of 2012, the Slovak unemployment quota was up by 0.5 percentage points to 13.7%. At the same time, employment is growing substantially.
December 6, 2012
Austria: Remarkable Growth in Long-Term Unemployment
In November, the unemployment quota grew by 6.7%. Above all, time workers and social care workers are affected.
December 3, 2012
Unemployment Decreasing in Baltic Countries
Euro area unemployment rate at 11.7%. EU27 at 10.7%. Austria still records the lowest unemployment quota.
November 30, 2012
Hungary: Unemployment Remains Stable
In August–October 2012, the official number of unemployed people was 463 thousand resulting in an unemployment rate of 10.5%.
November 28, 2012
Poland: Unemployment Remains on High Level
The Polish government expects the unemployment quota to grow slightly.
November 27, 2012
OECD: CESEE Countries A Risk Factor for Austria
Next year, Austria´s economy will only show a growth rate of 0.8%. Unemployment is estimated to increase further. CESEE countries would lower the grow prospects for Austria, OECD says.
November 27, 2012
CESEE: Russia Has Best Growth Prospects
Next year, Russia is expected to record a GDP growth rate of 3.8%, Vienna Institute of International Economic Studies (wiiw) says.
November 26, 2012
Allianz: Austria´s Economic Position Improves
According to the German insurance group, the economic situation of ten out of 17 Eurozone member countries has worsened. Austria could make up one place.
November 26, 2012
Hungary: Real Wages Decline Remarkably
In 2012, real wages went down by 5.3%. This is mainly due to the persistently high inflation rate (6.6%).
November 22, 2012
Czech Republic: Unemployment Rate on the Rise Again
In October, the Czech unemployment rate came at 8.5%. The number of vacancies fell slightly.
November 8, 2012
Czech Unemployment Growing Slightly
In October, the Czech unemployment quota was up by 0.4 percentage points compared to the reference period of 2011.
November 3, 2012
Austrian Unemployment Quota Up by 7.5%
In October, more than 322,000 persons had no job. The number of trainees was up considerably.
November 2, 2012
Bulgaria´s Growth Rate to Reach 1.0% in 2012
Bulgaria´s economy performs worse than expected. Next year, economic growth will recover.
November 2, 2012
Unemployment: Austria Ranks First in EU
In September, the euro area unemployment rate came at 11.6%. The Baltic countries registered a substantial decrease in unemployment.
October 31, 2012
Hungary: Employment on the Rise
80 thousand more people in work in the third quarter than a year ago.
October 30, 2012
“Poland is Safe”
Despite the economic slowdown, the Polish Minister of Finance Jacek Rostowksi says that the country is safe from the economic crisis.
October 24, 2012
Austria Underlines Importance of Austerity Measures
“EU pact for growth and employment to fight high unemployment rates”: State Secretary Reinhold Lopatka at the General Affairs Council in Luxemburg.
October 17, 2012
Serbia´s National Bank Fights Against Inflation
Today, the Serbian National Bank raised the base rate from 10.50% to 10.75%. IMF has lowered the economic outlook for Serbia.
October 9, 2012
Bulgaria Records Lowest Wages in EU
Bulgaria´s GDP per capita only comes to 45% of the EU-average, Eurostat says.
October 8, 2012
Poland: Almost 2.0 Million Unemployed
In August, the unemployment quota grew to 12.5% from 12.4%.
October 8, 2012
Poland: Long-Term Unemployment Becomes Problematic for State Budget
According to the consulter Deloitte, Poland is losing billions because of the long-term unemployment.
October 6, 2012
CEE Countries Must Work Upon Economic Convergence
CEE countries are struggling with weaker external demand and uncertain consumers, whereas in most cases fiscal policy is under control. Labour productivity, costs and competitiveness of CEE region give reason for optimism.
October 5, 2012
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