Between 19 and 25 years old and unemployed: this fate is increasing in Upper Austria. High demands on companies that have been met for a long time, but which are now booming during the crisis, and the trend towards job hopping are fueling the situation. The employment service has been alerted.
Iris Schmidt is concerned: of the almost 43,400 people who were unemployed in Upper Austria in January, more than 5,700 were under the age of 25. “The numbers started to rise in the middle of last year,” says the head of the Upper Austrian Labor Service, “so we reacted in the autumn and changed our strategies.”
“Take a Closer Look”
In February alone, a further 1,700 career orientation offers will benefit youth and young adults, helping them to re-enter the labor market more quickly. For the AMS, this is also the start of an even more intensive search for clues: “It is important to look carefully at what the causes are and what is needed to combat them.”
In any case, the reasons for the increasing unemployment among young people seem complex: on the one hand, in the current crisis situation, companies separated more quickly from employees who had previously set and met high demands.
Job hopping trend
On the other hand, there is also a trend towards job hopping: “You always hear that companies are desperate for staff. Then they spend two, three or four months at a company, look at it and then decide to do something else.” Moreover, more than 50 percent of young adults who are unemployed only have a compulsory education diploma. Psychological problems are also increasing.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
