Labor Force Participation Rate in Austria increased to 61.90 percent in the third quarter of 2019 from 61.20 percent in the second quarter of 2019. Austria Labor Force Participation Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
Labor Force Participation Rate in Austria averaged 59.94 percent from 1998 until 2019, 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.
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.