Unemployment in Austria: A dramatic increase alarmed experts!
Unemployment in Austria: A dramatic increase alarmed experts!
Unemployment in Austria has a continued increase that has been on everyone's lips since March 2023. In November 2024, 383,963 people were unemployed or in training programs, which corresponds to a leaking increase of 31,412 unemployed compared to the previous year. Josef Muchitsch, the social spokesman for the SPÖ, underlines the urgency of the situation: "Austria needs a program for upswing, growth and employment," he demands. At the same time, labor market experts warn of a dramatic deterioration in the situation if it is not immediately and decisively countered, especially in the industries concerned, such as industry, with an increase in unemployment by 18.7 percent, in retail by 12.3 percent and in traffic by 11.3 percent, such as ots.at reported.
Development of the labor market in Germany
Another important topic is the underemployment, which is 3,554,000 people in November. This means an increase of 109,000 compared to the previous year. Short -time work remains an important instrument: For 64,000 people, economic short -time work has been requested for November. In addition, 268,000 employees were short -lived in September, which further increases the pressure on the labor market, while the number of reported open jobs has been decreased for the first time in a long time.
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