Long Term Unemployment Rate in Austria remained unchanged at 1.10 percent in the fourth quarter of 2019 from 1.10 percent in the third quarter of 2019.

Long Term Unemployment Rate in Austria averaged 1.39 percent from 1995 until 2019, reaching an all time high of 2.10 percent in the second quarter of 2016 and a record low of 0.90 percent in the first quarter of 2002. This page provides - Austria Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Long Term Unemployment Rate - values, historical data and charts - was last updated on May of 2020.

Long Term Unemployment Rate in Austria is expected to be 1.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Austria to stand at 1.50 in 12 months time. In the long-term, the Austria Long Term Unemployment Rate is projected to trend around 1.50 percent in 2021 and -0.10 percent in 2022, according to our econometric models.

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Austria Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
1.10 1.10 2.10 0.90 1995 - 2019 percent Quarterly

Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 12.80 12.20 12.80 0.80 percent [+]
Employed Persons 3582.80 3589.40 3880.50 2302.70 Thousand [+]
Unemployed Persons 522253.00 504345.00 522253.00 22344.00 [+]
Long Term Unemployment Rate 1.10 1.10 2.10 0.90 percent [+]
Youth Unemployment Rate 9.30 9.70 13.30 5.00 percent [+]
Labour Costs 121.40 117.30 121.40 83.50 points [+]
Job Vacancies 53846.00 60722.00 84473.00 11240.00 [+]
Wages 2768.42 2688.92 2768.42 1866.40 EUR/Month [+]
Wages in Manufacturing 109.70 109.70 138.30 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 61.40 61.90 62.10 57.30 percent [+]
Living Wage Family 1560.00 1680.00 1680.00 1520.00 EUR/Month [+]
Living Wage Individual 1010.00 1080.00 1080.00 975.00 EUR/Month [+]
Productivity 100.10 102.20 102.50 75.50 points [+]
Part Time Employment 1174.30 1163.30 1184.60 553.50 Thousand [+]
Wages Low Skilled 1660.00 1780.00 1800.00 1660.00 EUR/Month [+]
Wages High Skilled 3590.00 4010.00 4010.00 3590.00 EUR/Month [+]
Employment Change 0.40 0.20 0.80 -0.50 percent [+]
Employment Rate 73.80 74.20 74.20 65.30 percent [+]
Full Time Employment 3130.60 3152.80 3154.10 2796.40 Thousand [+]


Austria Long Term Unemployment Rate
In Austria, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.