Off the wire
• Spain's car sales rise by 23.5 pct in July  • Russia launches new Airspace Force  • Former PM Murayama slams Abe for dragging Japanese people into wars  • Russia launches hotline to prevent people from joining IS  • Spanish stock market rises 0.76 pct, closes at 11,265 points  • Spain's consumer confidence rises by 4.2 points in July  • Latvian industrial output 3.7 percent higher in H1  • Ex-trader rigging Libor rates sentenced to 14 years' jail in London  • French stock market index up 0.75 pct on Monday  • China, ASEAN to work together to safeguard peace, stability of South China Sea: Chinese FM  
You are here: 　 Home

Austrian unemployment rate sees increase in July

Xinhua, August 4, 2015 Adjust font size:

The Austrian unemployment rate increased 0.7 percent in July year-on-year to 8.1 percent by the domestic calculation method, the Ministry of Social Affairs and the Public Employment Service Austria (AMS) stated Monday.

The rate for persons aged 50 and over once again saw a significant increase of 15.4 percent, as did persons with a disability at a 16.1 percent increase, and foreign nationals with an even greater 21.5 percent increase.

On the positive side youth unemployment increased a much lower 3.1 percent.

The average amount of time taken for the jobless to find work again also increased 17 days to 125 days, while the number of long-term unemployed, calculated as being jobless for 12 months or more, increased a massive 186 percent to 35,941 persons.

Minister for Social Affairs Rudolf Hundstorfer said continued weak economic growth coupled with a current increase in the labor supply of some 60,000 persons is responsible for the situation. Endit