Labor Force Participation Rate in Austria increased to 61.90 percent in the third quarter of 2020 from 59.80 percent in the second quarter of 2020. source: EUROSTAT

Labor Force Participation Rate in Austria averaged 59.99 percent from 1998 until 2020, reaching an all time high of 62.10 percent in the third quarter of 2016 and a record low of 57.30 percent in the first quarter of 2004. This page provides - Austria Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Labor Force Participation Rate - values, historical data and charts - was last updated on March of 2021.

Labor Force Participation Rate in Austria is expected to be 61.23 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Austria to stand at 61.38 in 12 months time. In the long-term, the Austria Labor Force Participation Rate is projected to trend around 61.37 percent in 2021 and 61.35 percent in 2022, according to our econometric models.

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Austria Labor Force Participation Rate

Actual Previous Highest Lowest Dates Unit Frequency
61.90 59.80 62.10 57.30 1998 - 2020 percent Quarterly
NSA

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.70 11.40 12.80 0.80 percent [+]
Employed Persons 3630.80 3645.40 3880.50 2302.70 Thousand [+]
Unemployed Persons 436982.00 468330.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 1.40 1.10 2.10 0.90 percent [+]
Youth Unemployment Rate 9.70 11.00 13.40 5.00 percent [+]
Labour Costs 131.90 110.30 139.70 83.80 points [+]
Job Vacancies 65444.00 58347.00 84473.00 11240.00 [+]
Wages 2847.25 2768.40 2847.25 1866.40 EUR/Month [+]
Wages in Manufacturing 111.60 110.80 111.60 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 61.90 59.80 62.10 57.30 percent [+]
Productivity 105.80 102.20 105.80 75.50 points [+]
Part Time Employment 1152.60 1120.30 1184.60 553.50 Thousand [+]
Full Time Employment 3131.10 3021.40 3154.10 2796.40 Thousand [+]
Employment Change 0.00 2.90 2.90 -4.30 percent [+]
Employment Rate 73.50 71.00 74.20 65.30 percent [+]