Alarm level red in the Styrian job market: unemployment figures rise rapidly!

Alarm level red in the Styrian job market: unemployment figures rise rapidly!

Salzburg, Österreich - In the past few weeks, the labor market numbers in Austria have shown alarming developments. According to an analysis of Orf Salzburg unemployment has risen across the country, especially in the city of Salzburg, where many restaurateurs reduce their opening hours due to falling demand. Unemployment has increased by 10 percent compared to November of the previous year. However, experts forecast a quick improvement with the beginning of winter tourism because the commitments for new settings have increased by 10 percent. Already 3,000 people have been noted for new jobs and will start in the coming weeks. Further job exchanges should increase the availability of workers.

increase in unemployment in Styria

In contrast, Styria fights with a more dramatic situation. Reports by Ams Styria show that a total of 35,120 people are registered as unemployed by the end of November 2024-an increase of 15.2 percent compared to the previous year. Including the 8,567 participants in training, the number of unemployed amounts to 43,687. This has been the highest increase in the past 30 years except in times of crisis. While the unemployment rate increases to 6.0 percent, the companies record 11,364 Options, which is a decrease of 10.6 percent compared to the previous year.

The Styrian industry suffers particularly from this development because it recorded the strongest unemployment figures in the previous year. AMS Landes Managing Director Karl-Heinz Snobe emphasizes that an additional 12,000 unemployed people can be expected in December, a month with seasonal climbs in unemployment. In order to cope with this, the AMS plans personnel adjustments and overtime for processing the countless applications, while resources are burdened by political decisions to reduce staff. Relief is not in sight for the time being, and the forecasts indicate a further increase in unemployment in the coming year.