Almost no one in the labor market is immune to the risk of losing their job. After the initial shock, it is important to come to terms with the new situation and act correctly. Krone+ tells you what you need to do after you lose your job to pursue all possible claims.
If you just found out you’ve been laid off or are already unemployed, here’s some small consolation: you’re not alone! In April 2024, 287,559 people were registered as unemployed with the Employment Service (AMS). An increase of about eleven percent compared to the same month last year is significant, but not yet a cause for great fear. Because most people who end up unemployed find a job again after a short time. According to the AMS, fewer than 34,000 people (11.8 percent) are considered long-term unemployed. You fall into this category after a year of persistent unemployment.
The employment situation in Austria is currently not that bad. After all, there are approximately 94,000 vacancies that urgently need to be filled. Many of them are in industries that seek workers without extensive training. If your dream job is not listed, the AMS is ready to help and advise you. Krone+ has looked at what you should pay attention to in case of sudden unemployment.
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.
