Employment Rate in Austria decreased to 73.80 percent in the fourth quarter of 2019 from 74.20 percent in the third quarter of 2019.

Employment Rate in Austria averaged 69.80 percent from 1994 until 2019, reaching an all time high of 74.20 percent in the third quarter of 2019 and a record low of 65.30 percent in the first quarter of 2004. This page provides - Austria Employment Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Employment Rate - values, historical data and charts - was last updated on May of 2020.

Employment Rate in Austria is expected to be 73.22 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employment Rate in Austria to stand at 73.21 in 12 months time. In the long-term, the Austria Employment Rate is projected to trend around 73.24 percent in 2021 and 73.25 percent in 2022, according to our econometric models.

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Austria Employment Rate

Actual Previous Highest Lowest Dates Unit Frequency
73.80 74.20 74.20 65.30 1994 - 2019 percent Quarterly
NSA

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.80 12.20 12.80 0.80 percent [+]
Employed Persons 3589.40 3776.60 3880.50 2302.70 Thousand [+]
Unemployed Persons 522253.00 504345.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 1.10 1.10 2.10 0.90 percent [+]
Youth Unemployment Rate 9.30 9.70 13.30 5.00 percent [+]
Labour Costs 121.40 117.30 121.40 83.50 points [+]
Job Vacancies 53846.00 60722.00 84473.00 11240.00 [+]
Wages 2768.42 2688.92 2768.42 1866.40 EUR/Month [+]
Wages in Manufacturing 109.70 109.70 138.30 75.89 points [+]
Population 8.86 8.82 8.86 7.03 Million [+]
Retirement Age Women 60.00 60.00 60.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Labor Force Participation Rate 61.40 61.90 62.10 57.30 percent [+]
Living Wage Family 1560.00 1680.00 1680.00 1520.00 EUR/Month [+]
Living Wage Individual 1010.00 1080.00 1080.00 975.00 EUR/Month [+]
Productivity 102.20 102.40 102.50 75.50 points [+]
Part Time Employment 1174.30 1163.30 1184.60 553.50 Thousand [+]
Wages Low Skilled 1660.00 1780.00 1800.00 1660.00 EUR/Month [+]
Wages High Skilled 3590.00 4010.00 4010.00 3590.00 EUR/Month [+]
Employment Change 0.40 0.20 0.80 -0.50 percent [+]
Employment Rate 73.80 74.20 74.20 65.30 percent [+]
Full Time Employment 3130.60 3152.80 3154.10 2796.40 Thousand [+]


Austria Employment Rate
In Austria, the employment rate measures the number of people who have a job as a percentage of the working age population.