Salzburg jobless rate down sharply

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Business

The number of unemployed people declined strongly in Salzburg last month, according to latest figures.The Federal Labour Market Service (AMS) said today (Fri) that 5.3 per cent of the province’s residents were out of work last month, down from 8.5 per cent in January 2010.The provinces of Tyrol (5.9 per cent), Vorarlberg (6.1 per cent) […]

Austrian unemployment rate edges up

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Business

Austria has failed to retain its position as the Eurozone’s jobless rate model pupil, it emerged today (Fri).Figures presented by Eurostat, the European Commission’s (EC) statistics agency, show that 4.5 per cent of people living in Austria had no job last month (August 2010: 4.3 per cent). The Netherlands, which took second place in August, […]

Unpaid overtime prevents creation of 60,000 new jobs

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Business

Austrians did more than 300 million hours of overtime last year, labour market experts have said.Upper Austrian Labour Chamber (AKOÖ) president Johann Kalliauer said today (Thurs) that around a third of the 314 million overtime hours was unpaid work.He further added that the creation of approximately 60,000 new full-time positions was hindered by the massive […]

Job anxiety slowly ebbing

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Business

Austrians’ anxiety about losing their jobs has been slowly ebbing, according to results of a new poll by Linz public-opinion research firm Spectra released today (Fri).Results show that 80 per cent believe their jobs are safe, up from 75 per cent last summer.The young are less anxious than the old, with 81 per cent of […]

Chancellor plans new stimulus package as jobless rate soars

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Finance

By Thomas HochwarterSPÖ Chancellor Werner Faymann has announced plans for a new economy stimulus package as figures show unemployment soared almost 20 per cent year on year last month.The Social Democrat said today (Tues) he wanted to introduce a third stimulus package, adding he had “many plans” to help people to “gain better qualifications”.Faymann claimed […]