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Austria sees sharp rise in long-term unemployment

Xinhua, July 2, 2015 Adjust font size:

The Austrian unemployment rate has increased to 8.3 percent for the month of June, marked by a massive spike in the number of long-term unemployment, the latest figures revealed Wednesday.

The 381,898 persons currently without work represents a 7.7 percent year-on-year increase, while the 32,720 long-term unemployed, defined as those who have not found employment for over a year, increased 182 percent.

Unemployment amongst foreign nationals also increased by 26 percent to reach 87,613 persons, while persons aged 50 and over and the disabled both also saw a significant 16 percent increase.

The national capital of Vienna recorded by far the largest increase in the number of unemployed persons of 23 percent to reach 122,007 persons.

In light of the newest figures Social Affairs Minister Rudolf Hundstorfer said employment politics is at its limits, and that "support from the overall economy is needed."

The figures come as Austria has slipped to having the sixth-lowest unemployment rate in the European Union, after holding the number one spot for a lengthy period of time until just recently. Endit