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Labor market data

Labor market data

Unemployment rose in Austria in March by almost eleven percent to the rate of 6.9 percent. In the same month of 2023, this value was 6.2 percent. In a long-term comparison, the current situation is acceptable, as Labor and Economics Minister Martin Kocher (ÖVP) assessed. However, in a more short-term analysis, AMS boss Johannes Kopf spoke of a “particularly bad development”. The opposition blamed the turquoise-green government.

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