The unemployment rate in Austria retreated to 7.0 percent in June of 2021 from 10.0 percent in the corresponding month of the previous year. It was the lowest jobless rate in the country since October of 2019, amid the ongoing economic recovery from the pandemic downturn and the lifting of restrictions. The latest figure pointed to the fourth straight month of declines, as the number of unemployed shrank by 125,904 to 288,862. Youth unemployment in Austria went down by 21,721 to 23,596, while the unemployed population aged 50 or above decreased by 24,825 to 99,948. source: Public Employment Service Austria (AMS)

Unemployment Rate in Austria averaged 5.11 percent from 1960 until 2021, reaching an all time high of 12.80 percent in April of 2020 and a record low of 0.80 percent in August of 1974. This page provides the latest reported value for - Austria Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Unemployment Rate - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.

Unemployment Rate in Austria is expected to be 7.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Austria to stand at 7.50 in 12 months time. In the long-term, the Austria Unemployment Rate is projected to trend around 7.90 percent in 2022 and 8.00 percent in 2023, according to our econometric models.

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Austria Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
7.00 7.70 12.80 0.80 1960 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-04-01 07:30 AM Mar 9.4% 10.7% 12%
2021-05-03 07:10 AM Apr 8.7% 9.4% 10.1%
2021-06-01 08:30 AM May 7.7% 8.6% 8.2%
2021-07-01 07:30 AM Jun 7% 7.7% 7.4%
2021-08-02 08:30 AM Jul 7.0%
2021-09-01 09:00 AM Aug
2021-10-01 08:00 AM Sep
2021-11-02 09:00 AM Oct
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Austria Jobless Rate Falls to Near 2-Year Low
The unemployment rate in Austria retreated to 7.0 percent in June of 2021 from 10.0 percent in the corresponding month of the previous year. It was the lowest jobless rate in the country since October of 2019, amid the ongoing economic recovery from the pandemic downturn and the lifting of restrictions. The latest figure pointed to the fourth straight month of declines, as the number of unemployed shrank by 125,904 to 288,862. Youth unemployment in Austria went down by 21,721 to 23,596, while the unemployed population aged 50 or above decreased by 24,825 to 99,948.
2021-07-01
Austria Jobless Rate Falls for 3rd Straight Month
The unemployment rate in Austria fell to 7.7 percent in May of 2021 from 11.5 percent in the corresponding month of the previous year, amid the ongoing economic recovery from the pandemic downturn and the lifting of restrictions. The latest figure pointed to the third straight month of declines, as the number of unemployed shrank by 156,340 to 316,960. Youth unemployment in Austria went down by 28,477 to 25,920, while the unemployed population aged 50 or above decreased by 29,316 to 109,114.
2021-06-01
Austria Jobless Rate Jumps to 10.7% in February
The unemployment rate in Austria increased to 10.7 percent in February of 2021 from 8.1 percent in the corresponding month of the previous year, amid the ongoing pandemic restrictions. The number of unemployed increased by 102,995 to 436,982. In January, the jobless rate was slightly higher at 11.4 percent.
2021-03-01
Austria Jobless Rate Hits 8-Month High of 11.4%
The unemployment rate in Austria increased to 11.4 percent in January of 2021 from 8.7 percent in the corresponding month of the previous year, amid the impact of tighter lockdown restrictions. It was the highest jobless rate since May, as the number of unemployed increased by 112,995 to 468,330. In November, the jobless rate was slightly lower at 11 percent. Since December 26th, Austria has been in its third national lockdown, with non-essential shops and many other businesses closed and their staff unable to work.
2021-02-02

Austria Unemployment Rate
In Austria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.