Employment Rate in Austria decreased to 71 percent in the second quarter of 2020 from 72.30 percent in the first quarter of 2020.

Employment Rate in Austria averaged 69.84 percent from 1994 until 2020, 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 October 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
71.00 72.30 74.20 65.30 1994 - 2020 percent Quarterly
NSA

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.40 9.00 12.80 0.80 percent [+]
Employed Persons 3792.80 3798.30 3880.50 2302.70 Thousand [+]
Unemployed Persons 346907.00 371893.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 1.10 1.10 2.10 0.90 percent [+]
Youth Unemployment Rate 10.60 10.40 13.40 5.00 percent [+]
Labour Costs 139.70 122.90 139.70 83.80 points [+]
Job Vacancies 67119.00 66005.00 84473.00 11240.00 [+]
Wages 2768.42 2688.92 2768.42 1866.40 EUR/Month [+]
Wages in Manufacturing 110.80 110.80 110.80 54.87 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 60.30 61.40 62.10 57.30 percent [+]
Productivity 97.00 100.10 102.50 75.50 points [+]
Part Time Employment 1120.30 1161.30 1184.60 553.50 Thousand [+]
Full Time Employment 3021.40 3053.30 3154.10 2796.40 Thousand [+]
Employment Change -4.10 -0.30 0.80 -4.10 percent [+]
Employment Rate 71.00 72.30 74.20 65.30 percent [+]


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.