Austrian unemployment down 8 pct in August
VIENNA, Sept. 3 (Xinhua) -- Unemployment in Austria saw a strong eight-percent decrease year-on-year for the month of August, the Public Employment Service (AMS) said on Monday.
A total 344,651 people were registered as jobless or in further training for the month, giving a national unemployment rate of seven percent as per Austria's own calculation method, or an even lower 4.9 percent as per the Eurostat calculation.
The AMS noted that the long-term unemployed, defined as those without work for a year or more, fell a significant 16.1 percent.
Further notable decreases in unemployment were seen in young people (down 11.9 percent), and among Austrian nationals (down 10 percent).
Lesser improvements were noted in those aged 50 and over, with a disability, and foreign nationals.
AMS head Johannes Kopf said the favorable situation means it is becoming more difficult for companies to find qualified staff. In August it took an average 49 days to fill a job vacancy, nine days more than the same period in 2017.[ Editor: WPY ]