Austria Gross Average Monthly Income of Employess - Forecast

Wages in Austria is expected to be 2750.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Gross Average Monthly Income of Employess is projected to trend around 2850.00 EUR/Month in 2020, according to our econometric models.


Forecast Data Chart
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Austria Labour Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Unemployment Rate 6.9 7.4 7 7.3 7.5 7.7
Employed Persons 3812 3690 3690 3747 3748 3725
Unemployed Persons 279899 316185 330821 308268 303021 313670
Long Term Unemployment Rate 1.7 1.67 1.7 1.68 1.7 1.69
Youth Unemployment Rate 8.4 9.05 8.87 8.92 8.91 8.91
Labour Costs 119 115 115 120 116 118
Job Vacancies 79575 74426 73070 75459 76290 75197
Wages 2646 2750 2800 2709 2719 2850
Wages in Manufacturing 136 140 142 137 138 150
Population 8.82 8.82 8.85 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 61.41 60.91 61.27 61.71 61.37
Living Wage Family 1660 1750 1800 1851 1857 1800
Living Wage Individual 1010 1082 1086 1090 1094 1104
Part Time Employment 1185 1186 1192 1191 1189 1203
Productivity 106 111 105 107 108 111
Wages Low Skilled 1630 1759 1759 1794 1777 1784
Wages High Skilled 3580 3737 3737 3822 3780 3767
Employment Change 0.5 0.33 0.29 0.26 0.25 0.24
Employment Rate 73 73.09 72.51 73.22 73.7 73.25
Full Time Employment 2991 3043 3005 3033 3065 3039