Labor Force Participation Rate in Austria decreased to 60.30 percent in the first quarter of 2020 from 61.40 percent in the fourth quarter of 2019.

Labor Force Participation Rate in Austria averaged 59.97 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 July of 2020.

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
60.30 61.40 62.10 57.30 1998 - 2020 percent Quarterly
NSA

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 10.10 11.50 12.80 0.80 percent [+]
Employed Persons 3641.80 3582.80 3880.50 2302.70 Thousand [+]
Unemployed Persons 414766.00 473300.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 1.10 1.10 2.10 0.90 percent [+]
Youth Unemployment Rate 11.80 11.50 13.40 5.00 percent [+]
Labour Costs 122.90 117.60 122.90 83.80 points [+]
Job Vacancies 63194.00 57597.00 84473.00 11240.00 [+]
Wages 2768.42 2688.92 2768.42 1866.40 EUR/Month [+]
Wages in Manufacturing 110.60 109.70 138.30 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 60.30 61.40 62.10 57.30 percent [+]
Productivity 100.10 102.20 102.50 75.50 points [+]
Part Time Employment 1161.30 1174.30 1184.60 553.50 Thousand [+]
Employment Change -0.20 0.40 0.80 -0.50 percent [+]
Employment Rate 72.30 73.80 74.20 65.30 percent [+]
Full Time Employment 3053.30 3130.60 3154.10 2796.40 Thousand [+]