The Economy in the Austrian Länder. Third Quarter of 2020

The dynamics of the Austrian economy in the third quarter of 2020 continued to be dominated by the COVID-19 pandemic, although the economic slumps were much less pronounced than in the second quarter. The domestic labour market continued to show declines in employment and rising unemployment figures, compared with the previous year. From a regional perspective, all Länder appeared to suffer from severe economic losses on a broad level.