Unemployment in Austria rose to 6.7 percent in August. There is no reason to panic for Minister of Labor and Economy Martin Kocher. Krone+ looked at who is most affected by unemployment and found the typical Austrian unemployed.
The unemployment rate in Austria is 6.7 percent, which is low compared to other countries. However, one can always strive for better figures. Because the trend is going in the wrong direction. The rate has now risen twice in a row in the same period as previous years (see graph). To find out in which area of Austria most unemployed people live, Krone+ dived into the data jungle.
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.