Unemployment in Upper Austria: Bitter truth for young people!

Unemployment in Upper Austria: Bitter truth for young people!

Bezirk Braunau, Österreich - Unemployment in Upper Austria has achieved alarming proportions. As early as January 2025, the Labor Market Service Upper Austria (AMS) recorded an increase of almost 6,000 people, which increases the number of unemployed to 49,267. The open job quota has fallen heavily and is now only over 19,000. Iris Schmidt, the head of the AMS, described the economic situation as "challenging and questionable". The districts of Braunau and Steyr, where the industrial density is high, are particularly affected, but at the same time numerous people without a job are, as is recorded in a report by

companies in difficulties

With companies such as KTM, which have released 520 employees in the course of a renovation process, and another savings package at Stiwa, which results in temporary releases with re -employment commitments, the situation is becoming more and more precarious. In addition, Vöcklabrucker Metallgießerei GmbH got into bankruptcy, which already led to the closure of several divisions. "No counter trend," emphasizes Schmid. The trend towards unemployment could only be reversed with an economic growth of at least 1.5 percent, but the forecasts for 2025 are disappointing, as the krone.at reported.

rising unemployment has already led to a drastic increase in the Braunau district by 31.1 percent. In order to fight this negative trend, an insolvency foundation starts on February 10 that will offer 400 places for those affected. This initiative is primarily aimed at employees of insolvency -prone companies in the automotive industry and small and medium -sized companies that have already suffered dismissals. Economic State Councilor Markus Achleitner sees this an essential measure to support employees in this difficult economic phase.