The unemployment rate in Austria declined to 7.6 percent in November 2018 from 8.2 percent in the same month of the previous year. The number of unemployed persons decreased by 19.6 thousand to 307.311 thousand. By genders, the number of women unemployed fell by 5.74 thousand to 143.39 thousand and the number of men unemployed went down by 13.83 thousand to 163.921 thousand. Unemployment Rate in Austria averaged 4.95 percent from 1960 until 2018, reaching an all time high of 10.90 percent in January of 2016 and a record low of 0.80 percent in August of 1974.

Unemployment Rate in Austria is expected to be 7.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Austria to stand at 7.50 in 12 months time. In the long-term, the Austria Unemployment Rate is projected to trend around 7.70 percent in 2020, according to our econometric models.

Austria Unemployment Rate
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-09-03 07:20 AM Unemployment Rate 7% 6.9% 7.1%
2018-10-01 07:15 AM Unemployment Rate 6.9% 7% 7%
2018-11-02 08:45 AM Unemployment Rate 7.3% 6.9% 7.3%
2018-12-03 08:35 AM Unemployment Rate 7.6% 7.3% 7.4%
2019-01-02 08:00 AM Unemployment Rate 7.6% 7.4%
2019-02-01 09:00 AM Unemployment Rate
2019-03-01 08:30 AM Unemployment Rate


Austria Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.60 7.30 10.90 0.80 percent [+]
Employed Persons 3766.90 3785.60 3827.90 2302.70 Thousand [+]
Unemployed Persons 307311.00 296236.00 424989.00 22344.00 [+]
Long Term Unemployment Rate 1.70 1.80 2.10 0.90 percent [+]
Youth Unemployment Rate 9.80 9.10 13.40 5.00 percent [+]
Labour Costs 113.00 118.70 118.70 83.50 Index Points [+]
Job Vacancies 67871.00 73725.00 79575.00 11240.00 [+]
Wages 2646.00 2598.50 2646.00 1866.40 EUR/Month [+]
Wages in Manufacturing 135.90 135.90 135.90 75.89 Index Points [+]
Population 8.82 8.77 8.82 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 61.20 60.80 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 [+]
Part Time Employment 1157.90 1184.60 1184.60 553.50 Thousand [+]
Productivity 105.70 105.80 109.50 77.00 Index Points [+]
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 0.30 0.50 0.70 -0.50 percent [+]
Employment Rate 73.00 72.00 73.00 65.30 percent [+]
Full Time Employment 3082.10 2991.20 3093.00 2796.40 Thousand [+]


Austria Unemployment Rate

In Austria, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Austria Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Austria Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
7.60 7.30 10.90 0.80 1960 - 2018 percent Monthly
NSA




Country Last Previous
South Africa 27.50 Sep/18
Spain 14.55 Sep/18
Brazil 11.70 Oct/18
Turkey 11.40 Sep/18
Italy 10.60 Oct/18
Argentina 9.60 Jun/18
France 9.10 Sep/18
Euro Area 8.10 Oct/18
Saudi Arabia 6.00 Jun/18
Canada 5.60 Nov/18
Indonesia 5.34 Sep/18
Australia 5.00 Oct/18
Russia 4.70 Oct/18
United Kingdom 4.10 Oct/18
China 3.82 Sep/18
South Korea 3.80 Nov/18
Netherlands 3.70 Oct/18
United States 3.70 Nov/18
India 3.52 Dec/17
Germany 3.30 Oct/18
Mexico 3.20 Oct/18
Switzerland 2.50 Nov/18
Japan 2.40 Oct/18
Singapore 2.10 Sep/18


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