The unemployment rate for university, FH and PH graduates was 3.4 percent at the end of December 2024, while the unemployment rate for compulsory school graduates was much higher at 24.5 percent.
The unemployment rate for university, FH and PH graduates was 3.4 percent at the end of December 2024, while the unemployment rate for compulsory school graduates was much higher at 24.5 percent.
At the end of January, the number of unemployed and AMS training participants with academic education increased by 16.1 percent to 38,634 compared to the previous year. "We are often asked whether the above-average increase in academic unemployment compared to the previous year is a cause for concern," said AMS board member Johannes Kopf in a "special topic" report. "The simple answer is: No, it is a logical consequence of the increasing academization of Austria". People with a university degree have "consistently the best job market opportunities of all training groups," said the AMS boss. The increasing academization in Austria is reflected in the number of completed studies. While there were just under 13,500 regular degrees at public universities in the winter semester of 1993/1994, in 2022/23 there were already nearly 60,000, 4.4 times as many regular degrees in the entire higher education system, according to the AMS report.
(APA/Red)
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