The sector is suffering from the recession, uncertainty is spreading as the gaps in many order books are increasing – while local companies are increasingly suffering from the economic situation, this is relatively little reflected in the statistics of the AMS Upper Austria . With an unemployment rate of 4.6 percent, the state above Enns is the model state of the federal state.
In October, 33,797 Upper Austrians were looking for a job, of which 15,447 were women and 18,350 were men. In addition, 10,548 people were still in training and therefore not an active part of the labor market. Compared to October 2023, this meant an increase of more than 5,000 job seekers.
“The consistent increase in the number of job seekers is visible at all educational levels, the decrease in the number of vacancies affects all sectors,” says Iris Schmidt, director of the Public Employment Service in Upper Austria.
With an unemployment rate of 4.6 percent, Upper Austria is the model state: no state has such a low unemployment rate as the state above the Enns. Yet Iris Schmidt is not misled by that.
It becomes more difficult for people with health limitations
If you analyze the figures more closely, you see that it is more difficult for the elderly and people with health problems to stay at work. On an annual basis, the number of people unemployed and with health limitations has increased to 10,423; in October 2023 there were still 8,908.
Schmidt is concerned about the rise in long-term unemployment. According to statistics, 7,904 Upper Austrians suffered this fate in October. “Measures to stabilize long-term unemployment are already being implemented and should have an impact in the coming months,” said the AMS-Upper Austria boss. Anyone who has been registered with the AMS for more than 365 days is considered long-term unemployed.
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.