Unemployment increases in Austria: Alarming numbers in February 2025!

Unemployment increases in Austria: Alarming numbers in February 2025!

Nürnberg, Deutschland - In Austria and Germany, a worrying increase in unemployment is noticeable, as the current reports of the labor authorities illustrate. At the end of January 2025, a total of 445,513 people in the labor market service (AMS) were registered as unemployed or in training, of which 365,746 people are actually unemployed. This means a drastic increase of 5.8 percent compared to the previous month, which increases the unemployment rate to 8.6 percent. Labor and Economic Minister Martin Kocher commented on the tense economic situation, which has a negative impact on the labor market, but emphasized that the effects are more moderate compared to previous crises, said 5min.at.

The situation is similar in Germany. The Federal Employment Agency (BA) reported an increase in the number of unemployment by 186,000 to a total of 2,993,000 unemployed in Germany. The unemployment rate rose by 0.4 percentage points to 6.4 percent, which means an increase of 187,000 unemployed compared to the previous year. Here, too, it turns out that the winter break and seasonal factors have contributed to the increase. Andrea Nahles from the BA noticed that employment growth continues, but loses dynamics, as the Federal Employment Agency announced.

Development on the job market

The data show that undermospass, which includes additional unemployment and short -time work, has also increased. In Germany, 1,005,000 people received unemployment benefit in January, which means an increase of 92,000 compared to the previous year. In January, short -time work money was paid for 293,000 employees, which indicates a tense economic situation. In addition, almost 72,000 young people in the training market were looking for a training position, while the number of reported apprenticeships is 78,000 - 7,000 less than in the previous year, as the BA reports.

The current figures illustrate the challenges with which the labor market is confronted in both countries. In Austria, the situation is a bit cheaper than in Germany. Nevertheless, the labor market remains under the pressure of global economic developments, and it remains to be seen how the situation will develop in the coming months.