Youth Unemployment Rate in Austria is expected to be 9.44 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Youth Unemployment Rate in Austria to stand at 9.30 in 12 months time. In the long-term, the Austria Youth Unemployment Rate is projected to trend around 9.30 percent 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 7.3 7.4 7 7.3 7.5 7.7
Employed Persons 3786 3689 3690 3747 3747 3725
Unemployed Persons 296236 327456 332960 306177 306826 316614
Long Term Unemployment Rate 1.7 1.67 1.7 1.68 1.7 1.69
Youth Unemployment Rate 9.1 9.44 9.23 9.33 9.3 9.3
Labour Costs 113 114 114 119 114 115
Job Vacancies 73725 68131 67618 73029 73570 71397
Wages 2646 2750 2800 2709 2719 2850
Wages in Manufacturing 136 140 142 136 136 150
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 61.2 61.4 60.9 61.23 61.68 61.35
Living Wage Family 1560 1750 1800 1574 1573 1800
Living Wage Individual 1010 1021 1017 1015 1013 1013
Part Time Employment 1158 1163 1164 1152 1150 1148
Productivity 106 111 105 107 108 111
Wages Low Skilled 1660 1759 1759 1762 1767 1784
Wages High Skilled 3590 3737 3737 3987 4072 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 3082 3061 3024 3083 3108 3064