Austria (Muhammad Amir Siddique) At the end of July, around 344,000 people in Austria were out of work. This means that the number of unemployed continues to fall. The recovery on the Austrian labor market continues: at the end of July around 344,000 people were out of work, around 16,000 fewer than a month ago. 282,685 people were registered as unemployed with the AMS, 6,177 fewer than in the previous month. The number of training participants also fell by around 10,000 to 61,254. The Ministry of Labor announced on Monday that there are now only 10,900 more unemployed than before the crisis. Compared to the previous year, unemployment fell by 101,266, according to the announcement, it is now at the level of 2018. The unemployment rate is 6.7 percent and is only just above the July 2019 mark of 6.5 percent. At the same time, the number of vacancies is at a record level of around 113,000, according to the ministry. Including apprenticeships, there are even 120,000. However, long-term unemployment is still significantly higher than before the corona crisis. Since the peak at the end of April, it has fallen by around 18,000 to 130,000. “The sustained positive development on the labor market shows that the measures we have taken are effective and that we can therefore support the upswing well,” said Labor Minister Martin Kocher (ÖVP) according to the broadcast.
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