Labour Costs in Austria increased to 139.70 points in the second quarter of 2021 from 120 points in the first quarter of 2021. source: EUROSTAT

Labour Costs in Austria averaged 99.23 points from 1996 until 2021, reaching an all time high of 139.70 points in the second quarter of 2020 and a record low of 83.80 points in the third quarter of 1999. This page provides - Austria Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Unit Labour Costs - values, historical data and charts - was last updated on September of 2021.

Labour Costs in Austria is expected to be 119.45 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Unit Labour Costs is projected to trend around 114.95 points in 2022 and 115.27 points in 2023, according to our econometric models.

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Austria Unit Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
139.70 120.00 139.70 83.80 1996 - 2021 points Quarterly
NSA, 2010=100

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 6.90 6.70 12.80 0.80 percent [+]
Employed Persons 3895.20 3858.40 3895.20 2302.70 Thousand [+]
Unemployed Persons 286277.00 282685.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 2.30 1.50 2.30 0.90 percent [+]
Youth Unemployment Rate 11.00 11.00 15.20 5.00 percent [+]
Labour Costs 139.70 120.00 139.70 83.80 points [+]
Job Vacancies 113849.00 112949.00 113849.00 11240.00 [+]
Wages 2847.25 2768.40 2847.25 1866.40 EUR/Month [+]
Wages in Manufacturing 112.80 112.80 112.80 54.87 points [+]
Population 8.90 8.86 8.90 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 60.80 61.00 62.10 57.30 percent [+]
Productivity 102.20 102.30 105.60 75.50 points [+]
Part Time Employment 1204.90 1153.80 1204.90 553.50 Thousand [+]
Full Time Employment 2974.40 2965.10 3154.10 2796.40 Thousand [+]
Employment Change -0.30 0.00 2.90 -4.10 percent [+]
Employment Rate 70.50 72.80 74.20 65.30 percent [+]