Austria Long Term Unemployment Rate  Forecast 2016-2020

Long Term Unemployment Rate in Austria is expected to be 1.89 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 1.84 in 12 months time. In the long-term, the Austria Long Term Unemployment Rate is projected to trend around 1.87 percent in 2020, according to our econometric models.

Austria Long Term Unemployment Rate
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Austria Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 7.6 8.1 10 8.8 7.7 9.2
Employed Persons 3684 3651 3589 3606 3643 3620
Unemployed Persons 307200 342978 381942 351893 330308 352393
Long Term Unemployment Rate 1.9 1.89 1.84 1.9 1.84 1.87
Youth Unemployment Rate 8.4 8.97 8.99 8.88 8.95 8.93
Labour Costs 116 113 116 113 116 116
Job Vacancies 65038 63665 58029 57204 59714 59277
Wages 2598 2629 2641 2651 2661 2798
Wages in Manufacturing 132 132 132 133 133 133
Population 8.77 8.77 8.77 8.81 8.81 8.88
Retirement Age Women 60 60 60 60 60 60
Retirement Age Men 65 65 65 65 65 65
Employment Change 0.4 0.28 0.24 0.22 0.21 0.22
Employment Rate 71 72.71 71.98 71.23 71.92 72.03
Full Time Employment 2940 3040 2998 2955 2990 2994
Productivity 104 105 109 105 105 109
Part Time Employment 1170 1177 1185 1190 1193 1214
Labor Force Participation Rate 61.1 61.94 61.15 60.73 61.36 61.19
Living Wage Family 1318 1350 1350 1350 1350 1350
Living Wage Individual 1037 1051 1052 1053 1053 1053
Wages High Skilled 3510 3429 3425 3422 3420 3416
Wages Low Skilled 1690 1692 1692 1692 1692 1692