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Austria has Europe's lowest unemployment rate

Austria has Europe's lowest unemployment rate

Publicerat av Cecilia Helland Tuesday, 20 March 2012.

The unemployment in Austria rose to 310 000 in February according to domestic statistics. This is an increase of 6 percent compared to January.

At the same time, the employment rate hit records with over 3.3 million jobs. Austria had the lowest unemployment rate in the EU in January (4 percent) according to Eurostat.

The youth unemployment rate in January was 8.9 percent. Within the EU, only Germany has a lower youth unemployment rate (7.8 percent).

In Sweden, the youth unemployment rate was 24.2 percent in January and 25.2 percent in February.

Publicerat av

Cecilia Helland

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