Austrian Unemployment Rises for 43rd Consecutive Month, 390,000 Jobless

Austrian unemployment increased 0.5% month-on-month in November 2026, reaching 390,000, marking the 43rd consecutive monthly rise. The labor market remains weak despite an economic upturn, indicating a structural mismatch or insufficient growth to absorb job seekers. This persistent trend signals ongoing labor market slack, which may weigh on domestic demand and inflation dynamics.

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