Labor Force Participation Rate in Austria decreased to 60.60 percent in the second quarter of 2021 from 60.80 percent in the first quarter of 2021. source: EUROSTAT

Labor Force Participation Rate in Austria averaged 60.01 percent from 1998 until 2021, 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 October of 2021.

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. In the long-term, the Austria Labor Force Participation Rate is projected to trend around 61.37 percent in 2022 and 61.35 percent in 2023, according to our econometric models.

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Austria Labor Force Participation Rate


Austria Last Unit Reference Previous Highest Lowest
Long Term Unemployment Rate 2.30 percent Mar/21 1.50 2.30 0.90
Youth Unemployment Rate 11.60 percent Aug/21 11.30 15.30 5.00
Labour Costs 139.70 points Jun/21 120.00 139.70 83.80
Population 8.90 Million Dec/20 8.86 8.90 7.03
Productivity 102.20 points Jun/21 102.30 105.60 75.50
Part Time Employment 1204.90 Thousand Jun/21 1153.80 1204.90 553.50
Labor Force Participation Rate 60.60 percent Jun/21 60.80 62.10 57.30
Full Time Employment 2974.40 Thousand Jun/21 2965.10 3154.10 2796.40
Employment Rate 71.60 percent Jun/21 70.50 74.20 65.30
Employment Change 1.40 percent Jun/21 -0.30 2.90 -4.10