Austria Unemployed Persons - Forecast

Unemployed Persons in Austria is expected to be 322968.72 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployed Persons in Austria to stand at 308792.50 in 12 months time. In the long-term, the Austria Unemployed Persons is projected to trend around 326808.54 in 2020, according to our econometric models.


Austria Unemployed Persons
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Austria Labour Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 6.8 7.4 9.2 8 7.6 7.7
Employed Persons 3767 3726 3672 3693 3723 3703
Unemployed Persons 274667 322969 356950 323704 308792 326809
Long Term Unemployment Rate 1.7 1.69 1.67 1.7 1.68 1.69
Youth Unemployment Rate 10.2 10.05 10.1 10.09 10.08 10.09
Labour Costs 113 114 114 115 120 117
Job Vacancies 79114 75612 67957 69302 73455 71578
Wages 2646 2750 2750 2800 2709 2850
Wages in Manufacturing 136 139 140 142 137 150
Population 8.82 8.82 8.82 8.85 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 60.8 61.78 61.41 60.91 61.27 61.37
Living Wage Family 1660 1750 1750 1800 1851 1800
Living Wage Individual 1010 1088 1082 1086 1090 1104
Part Time Employment 1185 1175 1186 1192 1191 1203
Productivity 104 106 109 104 104 109
Wages Low Skilled 1630 1759 1759 1759 1794 1784
Wages High Skilled 3580 3737 3737 3737 3822 3767
Employment Change 0.5 0.37 0.31 0.28 0.25 0.24
Employment Rate 72 73.3 72.94 72.36 72.87 73.01
Full Time Employment 2991 3075 3043 3005 3033 3039