Austria Employed Persons - Forecast

Employed Persons in Austria is expected to be 3701.80 Thousand by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Employed Persons in Austria to stand at 3683.97 in 12 months time. In the long-term, the Austria Employed Persons is projected to trend around 3678.71 Thousand in 2020, according to our econometric models.


Austria Employed Persons
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Austria Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 7.1 7.2 7.4 9.2 8 7.7
Employed Persons 3701 3702 3671 3667 3684 3679
Unemployed Persons 286147 283118 333044 355624 323026 329452
Long Term Unemployment Rate 1.8 1.85 1.85 1.85 1.85 1.85
Youth Unemployment Rate 9.9 9.75 9.8 9.8 9.79 9.79
Labour Costs 113 118 114 114 115 117
Job Vacancies 75568 76477 70865 65081 67943 69003
Wages 2646 2750 2750 2750 2800 2850
Wages in Manufacturing 135 137 139 140 142 150
Population 8.77 8.81 8.81 8.81 8.85 8.88
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 61.4 61.42 61.59 61.44 61.57 61.5
Living Wage Family 1660 1750 1750 1750 1800 1800
Living Wage Individual 1010 1010 1010 1010 1010 1010
Part Time Employment 1172 1167 1171 1170 1169 1160
Productivity 104 104 106 109 104 109
Wages Low Skilled 1630 1759 1759 1759 1759 1784
Wages High Skilled 3580 3737 3737 3737 3767 3767
Employment Change 0.5 0.43 0.37 0.31 0.28 0.24
Employment Rate 72.7 72.55 72.55 72.55 72.55 72.55
Full Time Employment 3043 3046 3059 3047 3057 3052