Austria Unemployment Rate

Unemployment Rate in Austria decreased to 7.40 percent in March from 8.40 percent in February of 2019. Unemployment Rate in Austria averaged 4.97 percent from 1960 until 2019, 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 7.70 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 8.50 in 12 months time. In the long-term, the Austria Unemployment Rate is projected to trend around 8.00 percent in 2020, according to our econometric models.

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Calendar	GMT		Actual	Previous	TEForecast
2019-01-02	07:50 AM	Unemployment Rate	8.7%	7.6%	7.40%
2019-02-01	08:20 AM	Unemployment Rate	9%	8.7%	7.00%
2019-03-01	08:30 AM	Unemployment Rate	8.4%	9%	8.6%
2019-04-01	07:20 AM	Unemployment Rate	7.4%	8.4%	7.7%
2019-05-02	07:30 AM	Unemployment Rate		7.4%	7.4%
2019-06-03	07:30 AM	Unemployment Rate			6.8%
2019-07-01	07:30 AM	Unemployment Rate			6.5%

Austria Labour	Last	Previous	Highest	Lowest	Unit
Unemployment Rate	7.40	8.40	10.90	0.80	percent	[+]
Employed Persons	3748.60	3716.70	3827.90	2302.70	Thousand	[+]
Unemployed Persons	304411.00	343400.00	424989.00	22344.00		[+]
Long Term Unemployment Rate	1.30	1.40	2.10	0.90	percent	[+]
Youth Unemployment Rate	8.30	8.30	13.30	5.00	percent	[+]
Labour Costs	113.70	113.00	118.70	83.50	Index Points	[+]
Job Vacancies	76421.00	72280.00	79575.00	11240.00		[+]
Wages	2688.92	2646.00	2688.92	1866.40	EUR/Month	[+]
Wages in Manufacturing	138.30	138.20	138.30	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	62.00	61.20	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	1157.50	1134.40	1184.60	553.50	Thousand	[+]
Productivity	110.30	105.70	110.30	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	73.80	73.00	73.80	65.30	percent	[+]
Full Time Employment	3102.60	3154.10	3154.10	2796.40	Thousand	[+]

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 April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	7.40	8.40	10.90	0.80	1960 - 2019	percent	Monthly	NSA

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Country	Last		Previous	Range
South Africa	27.10	Dec/18	27.5	31.2 : 21.5	%
Turkey	14.70	Jan/19	13.5	14.8 : 7.3	%
Spain	14.45	Dec/18	14.55	26.94 : 4.41	%
Brazil	12.40	Feb/19	12	13.7 : 6.2	%
Italy	10.70	Feb/19	10.5	13.1 : 5.8	%
Argentina	9.10	Dec/18	9	20.8 : 5.9	%
France	8.80	Dec/18	9.1	10.7 : 7.2	%
Euro Area	7.80	Feb/19	7.8	12.1 : 7.3	%
Saudi Arabia	6.00	Dec/18	6	6.3 : 4.35	%
Canada	5.80	Mar/19	5.8	13.1 : 2.9	%
Indonesia	5.34	Sep/18	5.13	11.24 : 2	%
Australia	5.00	Mar/19	4.9	11.2 : 4	%
Russia	4.70	Mar/19	4.9	14.1 : 4.5	%
United Kingdom	3.90	Feb/19	3.9	12 : 3.4	%
China	3.80	Dec/18	3.82	4.3 : 3.8	%
South Korea	3.80	Mar/19	3.7	7.1 : 3	%
United States	3.80	Mar/19	3.8	10.8 : 2.5	%
India	3.53	Dec/18	3.52	8.3 : 3.41	%
Mexico	3.30	Feb/19	3.6	6.42 : 2.22	%
Netherlands	3.30	Mar/19	3.4	7.9 : 3.3	%
Germany	3.10	Feb/19	3.2	11.5 : 0.4	%
Switzerland	2.50	Mar/19	2.7	5.7 : 1.5	%
Japan	2.30	Feb/19	2.5	5.5 : 1	%
Singapore	2.20	Dec/18	2.1	6 : 1.4	%