Unemployment in Austria Rises to 8.6% as Economy Struggles
The 8.6% unemployment rate means that 445,513 people were registered as unemployed or in training with the AMS in January.
Over 350,000 Unemployed in Austria
Compared to the same month last year, the number of unemployed and training participants rose by 10.6% (33,905 people), pushing the unemployment rate up by 0.6% to 6.6%.
Vienna Announces New Steps to Fight Youth Unemployment
The measures include creating more educational places for immigrant teenagers and increasing support for companies offering apprenticeships.
Unemployment Up 10% In July Compared To Last Year
At the end of July, 341,769 individuals were registered as unemployed or in training with the AMS, pushing the national unemployment rate to 6.4%.