AUSTRIAN UNEMPLOYMENT STILL EU LOWEST

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VIENNA: Austrian unemployment remained unchanged in September at 6.9 percent, the labor ministry announced on Tuesday, two days after general elections in which jobs were one of the key issues. Although largely sheltered from Europe’s financial woes, with the lowest jobless rate in the European Union, Austria regularly worries that its job situation is critical. But with the ruling coalition of Social Democrats and conservatives barely scraping together a majority in Sunday’s election and with talks on a new government still ahead, Labor Minister Rudolf Hundstorfer was unusually positive on Monday.

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AFP

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