Compared to the same month last year, this represents an increase of just over 31,400 people, or a growth of 8.9 percent. The unemployment rate rose by 0.6 percentage points to 7.1 percent, as announced by the Ministry of Labour and Economics on Monday.
Higher Unemployment in November in Austria
2-12-2024, 10:03
At the end of November, around 384,000 people were registered as unemployed or in training with the Public Employment Service (AMS).
Kocher on Development
"The global economy is weaker than expected in the forecasts, which also has consequences for the Austrian labour market. As an export-oriented country, we feel the weak global demand and the low growth in Germany more than countries with lower export quotas," commented Labour Minister Martin Kocher (ÖVP) on the development.
(APA/Red)
This article has been automatically translated, read the original article .
