Labour Costs in Austria decreased to 121.11 points in the first quarter of 2022 from 135.47 points in the fourth quarter of 2021. source: EUROSTAT

Labour Costs in Austria averaged 99.92 points from 1996 until 2022, reaching an all time high of 139.70 points in the second quarter of 2020 and a record low of 83.80 points in the third quarter of 1999. This page provides - Austria Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Austria Unit Labour Costs - values, historical data and charts - was last updated on June of 2022.

Labour Costs in Austria is expected to be 119.45 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Austria Unit Labour Costs is projected to trend around 114.95 points in 2023 and 115.27 points in 2024, according to our econometric models.

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Austria Unit Labour Costs

Related Last Previous Unit Reference
Long Term Unemployment Rate 1.60 1.90 percent Dec 2021
Youth Unemployment Rate 11.70 6.90 percent Apr 2022
Labour Costs 121.11 135.47 points Mar 2022
Population 8.90 8.86 Million Dec 2020
Productivity 104.67 105.02 points Mar 2022
Part Time Employment 1259.00 1241.10 Thousand Dec 2021
Labor Force Participation Rate 61.30 61.90 percent Dec 2021
Full Time Employment 3047.00 3081.40 Thousand Dec 2021
Employment Rate 73.50 74.00 percent Dec 2021
Employment Change 0.40 1.40 percent Dec 2021